Qtel has completed the purchase of a 40.8 per cent stake in PT Indosat from Asia Mobile Holdings (AMH) for US$1.8 billion and has said it is examining a full takeover.
Entries from July 2008 ↓
Bangladeshi mobile operators to network share
July 1st, 2008 — Issue 2 July/August 2008
Bangladeshi operators, Warid Telecom and Pacific Bangladesh Telecom (Citycell) have signed an agreement to share the passive elements of around 350 of their respective base stations – covering towers, poles, transmitter equipment, transmission bandwidth and power supplies.
South Africa bans long contracts and SIM locking
July 1st, 2008 — Issue 2 July/August 2008
Operators in South Africa will no longer be allowed to offer contracts exceeding 24 months, extend a contract in exchange for subsidised phones, or SIMlock handsets.
Zain seeks US$5 billion to fund three African acquisitions
July 1st, 2008 — Issue 2 July/August 2008
Celtel’s CEO Chris Gabriel has indicated the Zain Group will seek US$5 billion through an IPO listing in an unspecified European stock exchange, thought to be the London bourse, in order to fund the acquisition of three more African operators within a year.
Oger still keen on a piece of Telkom action
July 1st, 2008 — Issue 2 July/August 2008
Dubai-based Oger Telecom, whose offer to acquire South African telco, Telkom, was rejected in April, wants to negotiate a new offer with Telkom’s potential buyers.
