www.WirelessFederation.com/news: MTN, South African mobile operator is reportedly eyeing a 60% shares in Telecel Zimbabwe. “We have always said we are looking for value-enhancing opportunities and Zimbabwe presents us with one. Zimbabwe is our neighbour sitting there waiting. The Government is embarking on a reinvention of itself and has opened up to South African companies to go in and operate there,” MTN spokeswoman Nozipho January-Bardill, reportedly said. She said MTN was likely to enter through acquisition of an existing operator or applying for a new licence. MTN had raised its visibility in Zimbabwe and had shown people the services it could offer.
“MTN has taken risks in much poorer countries and from what we are seeing there seems to be a commitment to grow and redevelop the economy,” January-Bardill said. The three mobile operators serving Zimbabwean market is Econet, NetOne and Telecel, but failed to serve it adequately.
