VimpelCom

The third mobile telecommunications company in Zimbabwe, Telecel, in which government owns 60% stake is on the brink of collapse amid reports that servers have not been in operation since December last year due to debilitating economic…
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Government through ZARNet (Private) Limited has completed the previously announced acquisition of 100 percent shareholding in Telecel International Limited from Global Telecom Holdings SAE for $40 million, the Ministry of ICT, Postal and…
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Netherlands-based integrated telecommunications services operator, VimpelCom, says the disposal of its 60 percent shareholding in Telecel Zimbabwe (Telecel) was above board. This was after Empowerment Corporation (EC), which owns 40…
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By Ndakaziva Majaka Information Communication Technology (ICT) minister Supa Mandiwanzira on Monday said government expects to finalise the acquisition of Telecel Zimbabwe (Telecel) next month. This comes amid indications that…
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Zimbabwe's third largest telecommunication company, Telecel, has missed out on a $1 billion software deal between its parent company VimpelCom and Erickson. The deal encompasses a complete overhaul of VimpelCom’s information…
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Amsterdam-based mobile phone operator VimpelCom is seeking President Robert Mugabe’s assistance to secure an outstanding $30 million from the sale of its 60 percent shareholding in Telecel Zimbabwe (Telecel). People privy to…
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Zimbabwe has completed the $40 million purchase of a 60 percent stake in mobile telecoms operator Telecel from Vimpelcom, the communications minister said on Monday.
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HARARE - President Robert Mugabe’s government was this week expected to pay VimpelCom Limited (Vimpelcom) about $30 million in outstanding funds for a 60 percent stake in Telecel Zimbabwe (Telecel), businessdaily has learnt. Although…
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By Paul Nyakazeya Market watchers and telecoms experts this week questioned government’s decision to take over Telecel Zimbabwe, considering that it already controls NetOne and TelOne, the fixed line and mobile telecommunications firms,…
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Report by The Zimbabwean HARARE - The government’s recent acquisition of controlling shares in Telecel Zimbabwe has taken a new twist following revelations that the National Social Security Authority (NSSA) was forced to finance the…
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