Business / Companies
Govt's Telecel acquisition put on hold
28 Oct 2015 at 06:51hrs | Views
Government has put on hold plans to buy the entire shareholding of mobile network operator, Telecel.
The acquisition of a stake in Telecel is not even on the ICT ministry's priorities in the 2016 national budget.
Kundishora had earlier told the ICT parliamentary portfolio committee that the ICT ministry was reeling from a $1.3million debt owed to various service providers, including Africom and Dexel.
Source - dailynews