Tag: Acquisition
Telecel completes acquisition of MTN Guinea Bissau
Telecel Group Mobile and MTN Group have announced the completion of the transfer of MTN Guinea Bissau (“Spacetel”) to Telecel, marking a new chapter...
Sanlam to acquire 60% of MultiChoice’s insurance business
Pan-African insurance giant, Sanlam has signed an agreement with MultiChoice to acquire a 60% stake in its insurance division, NMS Insurance Services (NMSIS).
Under the...
Italian government approves Vodafone Italia acquisition by Swisscom
The Italian government has unconditionally approved Swisscom's acquisition of Vodafone Italia, the Swiss telecoms company said in a statement on Tuesday.
To preserve Italy's essential public...
Canal+ makes $2.9bn formal offers to buy MultiChoice
French media giant, Vivendi’s Canal+, has formally offered $2.9 billion to acquire African media giant, MultiChoice, owners of DStv and GOtv.
According to Reuters, the...
MTN confirms ongoing sale of 75% shares in Guinea operations to...
The MTN Group has confirmed it is selling all of its 75% shareholding in Areeba Guinea S.A. (MTN Guinea) to Telecel Group.
In a statement,...
Ghanaian healthtech startup Rivia acquires Ghanaian SaaS company Waffle
Ghana-based healthtech leader Rivia has acquired a Ghanaian SaaS company, Waffle, which specializes in software for small and medium-sized businesses.
The acquisition is expected...
Telecel confirms deal to acquire MTN’s operations in Guinea Conakry and...
The Telecel Group has confirmed finalizing an agreement with MTN Group, for the acquisition of MTN's equity interests and shareholder loans in both MTN...
Telecel to acquire MTN operations in Guinea Conakry and Guinea Bissau
MTN Group, Africa’s largest network operator by subscriber base, has accepted an undisclosed offer from Africa-focused telecommunication service, Telecel, for the sale of its...
Bright Simons writes: Is Ghana selling AirtelTigo for a song to...
Last November, Ghana’s Ministry of Communications & Digitalisation announced with flourish that it has “facilitated” a “joint venture” between state-owned AT (formerly, AirtelTigo) and...
Orange pulls out of Ethio Telecom stake acquisition
Orange has taken a step back from its decision to acquire a 45% stake in Ethiopian operator Ethio Telecom.
According to the French-owned telecom, market conditions...