Business / Companies
Telecel Zimbabwe sold to government's Zarnet
18 Nov 2015 at 06:36hrs | Views
VimpelCom today announced that its 51.9% owned subsidiary, Global Telecom Holding S.A.E. ("GTH"), has entered into an agreement with ZARNet (Private) Limited to sell its stake in Telecel International Limited for $40 million.
ZARNet is wholly owned by the Government of the Republic of Zimbabwe through the Ministry of Information & Communication Technology, Postal and Courier Services.
Source - VimpelCom