Investors vie for NetOne, Telecel

Investors vie for NetOne, Telecel
Published: 09 February 2018
Foreign investors have tabled offers to buy shareholding in state-owned mobile operators NetOne and Telecel as well as fixed line telecoms company TelOne, which are all desperate for a fresh capital injection, a cabinet minister has revealed.

ICT minister Supa Mandiwanzira said this week that he has received bids for both controlling and majority equity stakes in the telecoms entities but said government will consider each and every bid from foreign investors as the country opens up for business.
- Zim Ind
Tags: NetOne,

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