Wednesday, January 18, 2012

Vodacom deadlock nearing end

A spokesperson for Vodacom has announced that the company is close to resolving a dispute that has prevented major investment in the telco’s Congolese operation since 2009, reports Bloomberg. South Africa-based Vodacom Group, 51% stake holder of Vodacom Congo, has been involved in a quarrel with its local partner in the Democratic Republic of Congo (DRC), Congolese Wireless Networks (CWN) over the South African company’s plan to inject USD484 million of capital into the joint venture


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OVETEL Vodacom deadlock nearing end

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