South African mobile phone operator, Vodacom Group Ltd., on Friday said it had entered an agreement to sell its Business Africa unit’s Angolan operations and assets to Internet Technologies, Angola, for an undisclosed amount.
Separately, Vodacom, which is majority owned by Vodafone Group Plc., also announced an agreement to sell the unit’s operations in Nigeria, Zambia and Cote d’Ivoire to Synergy Communications.
Vodacom said it would no longer service enterprise customers directly in any of the four markets but will continue to service clients through local service providers.
(Reuters/NAN)
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To advertise here . Call Willie +2347088095401...
Discussion about this post