Celtel sold
By Express Reporter
The Board of Celtel International has announced it has agreed to a cash offer for the company from Mobile Telecommunications Company K.S.C. (“MTC”) in Kuwait, with a total consideration for Celtel of US$ 3.4 billion.
MTC will acquire immediately 85 per cent of the issued capital of Celtel on closing and the remaining 15 per cent within two years.

Complete Story

President Benjamin Mkapa disembarking from a police helicopter to inaugurate the Somanga Matandu Road in Kilwa, Lindi last week. (Photo by Mwanakombo Jumaa).

FastCounter by LinkExchange