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VimpelCom confirms Zimbabwe sale

VimpelCom is set to sell its operations in Zimbabwe to a state-owned internet service provider …

Vimpelcom set to sell Telecel stake – reports

Zimbabwe’s government could be set to acquire Vimpelcom’s 60 per cent stake in operator Telecel …

Zimbabwe disconnects 2M mobile users

More than two million Zimbabwean SIM cards have been disconnected after users failed to register their ownership details with the country’s mobile operators, reports Cellular News.

Orascom in talks to cut Zimbabwe ownership

Bloomberg reports that Orascom is in talks with the Zimbabwean government to reduce its holding in Telecel to 49 percent from 60 percent.

Mexico looks to stimulate mobile market via 3G auctions

Government to sell-off new frequencies in bid to break market-leader’s dominance

Orascom eyes Africa, Asia investments

Orascom Telecom, the biggest mobile phone operator in the Middle East and North Africa, has set up a new unit, Telecel Globe, to evaluate investment opportunities in Africa and Asia.

EIB finances Telecel

The European Investment Bank will provide €68.5 million to Telefonica Celular del Paraguay (Telecel) to part-finance the expansion of its GSM network structure, reports TelecomPaper. The remaining funds will come from commercial banks and Telecel’s own resources.


 

3G network launched in Bolivia

Bolivian mobile operator Telecel, operating under the brand name Tigo, has launched 3G services in the country, reports Cellular News.

 

Orascom results disappoint, focuses on Africa

Egypt-based telecoms group Orascom disappointed investors by reporting a decline in half-year net profit this week, but has vowed to enter six additional African markets within the next year as part of an expansion strategy.

Four firms chase third Rwandan license

Larrycom for Investment, Millicom, Zain and Telecel Globe have emerged as serious contenders for the third national operator license in Rwanda, reports Telecompaper