Options could include merging the business with other operators or selling a stake in the company.
Emirates Telecommunications Group is exploring a potential investment in Vodacom Group as it seeks to boost its international footprint, sources said.
Nigeria’s telecommunications regulator said tougher financial health checks on the country’s biggest mobile phone companies could prevent a repeat of last year’s collapse of debt-laden Etisalat and help stabilise
Nigerian telecommunications operator Etisalat is taking rival MTN to court over the latter’s plan to use acquisition target Visafone’s spectrum in the 800MHz band, it has been reported. Nigeria’s Daily Post reported at the weekend that Etisalat has instituted legal action
United Arab Emirates telecommunications firm Etisalat said on Monday that it has raised €3,15bn to fund the acquisition of French media giant Vivendi’s 53% stake in Morocco’s main provider, Maroc Telecom. The funds were raised with a group of 17 international, regional and local banks in the UAE. “Financing consists of
Independent telecommunications tower operator, Nigerian-founded IHS Group, believes that half of the 170 000 base stations built by mobile operators in Africa will be considered for outsourcing within the next three to five years as pressure
A radical Islamist sect that has attacked mosques, churches, schools and government buildings at will in Nigeria appears to have added a new target for its violence: mobile phone towers. Attacks in the last day have damaged more than 30 towers operated by all the major providers in the country, further