Home › TelOne seeks investors for USD 300 mln capitalisation
 

Keywords :   


TelOne seeks investors for USD 300 mln capitalisation

2020-07-21 09:34:00| Telecompaper Headlines

(Telecompaper) Zimbabwean operator TelOne says it is looking for investors to inject around USD 300 million into the recapitalisation of the business, The Herald reported. It has just concluded a network enhancement called the National Broadband Project, which was funded by a USD 98 million China Exim Bank loan facility. MD Chipo Mtasa said the projected recapitalisation would further capacitate TelOne's operations and service offerings.

Tags: usd seeks investors mln

Category:Telecommunications

Latest from this category

All news
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
28.02This Week in Agribusiness, February 28, 2026
28.02This Week in Agribusiness, February 28, 2026
28.02Rent tops 1,000 a month in more areas - find out where
27.02What the Warner Bros deal could mean for streaming, cinemas and news
27.02JBS breaks ground on Cactus beef plant expansion
27.02Gov. Pillen signs bill to streamline livestock zoning processes
27.02Beefs positive consumer valuation driven by quality
27.02Sam Altman backs rival Anthropic in fight with Pentagon
More »