Sunday, June 06, 2010

Zambia - Govt has accepted Libya's Lap Green bid for 75% of ZAMTEL

[wsj] Zambia has accepted a $257 million bid for majority control of fixed-line phone company Zambia Telecommunications Co. from Libya's LAP Green Networks, the Zambia Development Agency said Saturday.

The successful offer for 75% of Zamtel beat out bids from groups led by Angola's Unitel Corp. (UNTL) and others

Libya's LAP Green Agrees To Buy Control Of Zamtel For $257 Mln

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