Business / Companies
Angolan interest for Net-One
30 Sep 2011 at 08:12hrs | Views
Angolan President José Eduardo dos Santos's daughter, Isabel, has expressed interest in Zimbabwe's smallest mobile phone operator by subscribers – Net*One.
Isabel, a businessperson of note with interests in telecommunications, finance and energy, was in the country early this month and met government officials with a view to buying a controlling stake in Net*One, the country's first mobile phone operator.
Sources said this week that dos Santos is also eyeing investments in the country's financial services sector. According to sources, she is already doing a due diligence examination into Net*One. Before her appearance on the Zimbabwean business scene early this month, Net*One was said to be in talks with MTN.
It is not clear if MTN has pulled the plug on the deal. MTN has been linked to the NetOne deal after the Zimbabwe government put the company on the market.
Isabel, a businessperson of note with interests in telecommunications, finance and energy, was in the country early this month and met government officials with a view to buying a controlling stake in Net*One, the country's first mobile phone operator.
Sources said this week that dos Santos is also eyeing investments in the country's financial services sector. According to sources, she is already doing a due diligence examination into Net*One. Before her appearance on the Zimbabwean business scene early this month, Net*One was said to be in talks with MTN.
It is not clear if MTN has pulled the plug on the deal. MTN has been linked to the NetOne deal after the Zimbabwe government put the company on the market.
Source - businessdigest
