MaxShimba
JF-Expert Member
- Apr 11, 2008
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Zain to give up Tanzania telco share
Kuwait: 11 hours, 33 minutes ago
Tanzanian minister of technology has said that Zain Tanzania, part of Kuwait's Zain, plans to give up its 35% stake in state-run Tanzania Telecommunication Co, Reuters has reported. 'In principle, they have agreed to end the partnership and Celtel exits. Celtel's 35% shareholding will revert to the government. We will continue talks on how to offload those shares,' he said.
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Kuwait: 11 hours, 33 minutes ago
Tanzanian minister of technology has said that Zain Tanzania, part of Kuwait's Zain, plans to give up its 35% stake in state-run Tanzania Telecommunication Co, Reuters has reported. 'In principle, they have agreed to end the partnership and Celtel exits. Celtel's 35% shareholding will revert to the government. We will continue talks on how to offload those shares,' he said.
See Also
» Zain, Western Union to offer money transfers
» Ericsson eyes to launch 4G in Middle East
» One million iphone 3G S sold first weekend