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Millicom agrees new deal to sell Tigo Senegal to investors

2017-07-31 08:37:00| Telecompaper Headlines

(Telecompaper) Millicom said it has exercised its right to terminate its agreement to sell its Tigo operations in Senegal to Wari Group for USD 129 million. Separately, the company also announced that it has signed an agreement to sell its Senegal operations to a consortium consisting of NJJ, Sofima (telecom investment vehicle managed by the Axian Group) and Teyliom Group, subject to customary closing conditions and regulatory approvals.

Tags: to sell deal investors

China Unicom still negotiating with potential new investors

2017-07-24 02:00:00| Total Telecom industry news

China Unicom on Monday said it is still negotiating with potential investors, following a report that search provider Baidu and e-commerce firm JD.com are in the frame. China Unicom "is not aware of the source of information in those media reports and has not entered into any legally binding documents…read more on TotalTele.com »

Tags: china potential investors negotiating

Why Obsolete Warehouses on the Last Mile Are Attracting Institutional Investors

2017-07-21 13:00:00| National Real Estate Investor

Institutional investors are now competing for small, previously obsolete class-B, -C and -D industrial buildings in urban locations.

Tags: mile institutional investors attracting

Etisalat Nigeria rebrands, touts itself to potential investors

2017-07-20 02:00:00| Total Telecom industry news

Etisalat Nigeria has a new name and is open to the possibility of new investors, it emerged this week. Reuters reported on Wednesday that the Nigerian Communications Commission (NCC) approved the new brand…read more on TotalTele.com »

Tags: potential nigeria investors touts