Wednesday, July 22, 2009

Tanzania: Minister has said Zain will give up it 35% stake in Tanzania Telecom

[ame] 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.

Zain to give up Tanzania telco share

No comments: