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MTN selling Guinea-Bissau and Guinea-Conakry units
Telecel Group has bought two West African units from Africa’s largest wireless company MTN Group Ltd., as it scales operations ahead of an initial public offering in three years.
The Africa-focused telecommunications company is buying MTN’s debt and equity in Guinea-Bissau and Guinea-Conakry, chief executive officer Moh Damush said in an interview, without disclosing the size of the latest acquisitions.
[Bloomberg]
Telecel Group has bought two West African units from Africa’s largest wireless company MTN Group Ltd., as it scales operations ahead of an initial public offering in three years.
The Africa-focused telecommunications company is buying MTN’s debt and equity in Guinea-Bissau and Guinea-Conakry, chief executive officer Moh Damush said in an interview, without disclosing the size of the latest acquisitions.
[Bloomberg]