Nigerian CDMA operator merger takes first step
Nigerian CDMA operators Starcomms, MTS and Multi-links are set to merge following a deal in which investment group Capcom Limited will pay US$210 million for a 90.5 percent stake in Starcomms.
Report: Helios Towers planning Multi-Links sale
Helios Towers Nigeria, which currently controls Nigerian CDMA operator Multi-Links, has said it does not intend operating this business in the long term, Reuters reports, placing question marks over the future of the troubled division.
Telkom to sell Multi-Links to Helios Towers
South Africa’s Mail & Guardian said that Telkom South Africa is set to sell its Nigerian CDMA operator Multi-Links to Helios Towers Nigeria, for a US$10 million.
Telkom confirms Multi-Links sale off; 8ta break-even delayed
South Africa-based operator Telkom said that the anticipated sale of its Multi-Links business to rival Visafone has been aborted, and that its board had voted to end all funding of this unit.
Mobile impacts Telkom SA profits
South African fixed line incumbent Telkom issued a trading update for the year to 31 March 2011, noting that its profit will be impacted by a ZAR1.1 billion (US$162 million) operating loss relating to the start-up of its mobile business, 8ta.
Telkom sells Nigerian CDMA network
South African fixed network Telkom has sold its Nigerian CDMA network, Multi-Links, to another Nigerian network, Visafone, for US$52 million.
Telkom SA planning Nigerian mobile sale
Telkom South Africa is reported to be planning the sale of its Multi-Links mobile business in Nigeria, in order to stabilise its business activities and to enable it to seek growth elsewhere.
Nigerian operators face revenue pressure in crowded marketplace
Fierce competition and regulatory conditions impacting Africa’s largest mobile market
