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Sudatel pays USD 200 mln for Senegalese licence (Sudan)

  • September 11th, 2007
  • 11:25 am

Sudanese operator Sudatel has received a telecommunication licence from Senegalese regulator ARTP, reports Agence de Presse Senegalaise. Sudatel bid USD 200 million compared to Bintel’s USD 152 million and Celtel’s USD 105 million offers to win the global licence, enabling entry to all telecommunication segments, according to ARTP director general Daniel Seck. Belgacom and Comium Africa had also expressed interest. Under the licence terms, the new company must be at least 15 percent owned by local interests. The government has called on Senegalese operators to buy a stake in Sudatel’s local unit. Rothschild and Clifford Chance provided financial and legal advice on the auction process. The last such licence was awarded to Senetel for USD 100,000 in 1998.

   

Sudatel pays USD 200 mln for Senegalese licence (Sudan)

  • September 11th, 2007
  • 6:58 am

Sudanese operator Sudatel has received a telecommunication licence from Senegalese regulator ARTP, reports Agence de Presse Senegalaise. Sudatel bid USD 200 million compared to Bintel’s USD 152 million and Celtel’s USD 105 million offers to win the global licence, enabling entry to all telecommunication segments, according to ARTP director general Daniel Seck. Belgacom and Comium Africa had also expressed interest. Under the licence terms, the new company must be at least 15 percent owned by local interests. The government has called on Senegalese operators to buy a stake in Sudatel’s local unit. Rothschild and Clifford Chance provided financial and legal advice on the auction process. The last such licence was awarded to Senetel for USD 100,000 in 1998.