MTN loses out on Namibian deal

Leezhel van Wyk, company secretary of Namibia Post and Telecom Holdings, said on Friday that President Hifikepunye Pohamba’s cabinet had opted for Portugal Telecom instead.
Neither Namibia Post and Telecom Holdings nor the cabinet has provided reasons for choosing Portugal Telecom over MTN.
Funnily enough, this is the very same Portugal Telecom that Telkom is wanting to buy!!!!

from previous news reports
http://za.today.reuters.com/news/ne...-TELECOMS-PORTUGALTELECOM-TELKOM-20060313.XML
Cash-rich Telkom, which is openly on the prowl for acquisitions elsewhere in Africa, may be interested in Portugal Telecom's operations in the world's poorest continent.
 
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