Vivendi and the Kuwait based company (MTC) started talks about the acquisition of MTC's African operations.
Information from Zain’s website quoting Business Day of Nigeria says MTC—the owner of the Zain brand—was in talks with the French company to sell its 85 per cent stake in Zain Africa for $12 billion.
This will not be the first time, Vivendi is showing an interest to invest in Africa’s mobile telephony sector since they owned a 60 per cent stake in the same firm when its was known as KenCell before it sold its holding at $ 250 million to Celtel International, which later sold its shares to Zain Group for $ 3.4 billion in March 2005.
Vivendi has a presence in other African countries such as Mauritania (Mauritel), Burkina Faso (Onatel), Morocco’s Maroc and Gabon (Gabon Telecom).
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http://www.businessdailyafrica.com/Company%20Industry/-/539550/611354/-/u9oeshz/-/
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I think Vodafone has also big interest in the african and the markets in the middle east.
AntwortenLöschenThe home market is pretty mature but there are big opportunities in africa
I don't think the African market is a good place to sell mobile phones to. Who buys a mobile phone when you can't even afford something to eat?!
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