Telecel Group has bought two west African units from Africa’s largest wireless company MTN Group Ltd., as it scales operations ahead of an initial public…
Telecel Group has bought two West African units from Africa’s largest wireless company MTN Group, as it scales operations ahead of an initial public offering in three years
The companies are negotiating on prices for MTN’s assets in Liberia, Guinea-Bissau and Guinea-Conakry, said the people, who asked not to be identified as the information is private. The deal has not been finalised, and there is no guarantee that a transaction will go ahead, they said.