Wednesday, November 18, 2015

VimpelCom to Exit Zimbabwe

VimpelCom will sell its stake in Telecel International Limited to ZARNet (Private) for $40 million. Telecel International owns 60% of Telecel Zimbabwe (Pvt) Ltd.

ZARNet is wholly owned by the Government of the Republic of Zimbabwe through the Ministry of Information & Communication Technology, Postal and Courier Services.

http://www.vimpelcom.com

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