VimpelCom and Global Telecom to sell their operations in ZimbabweStaff writer ▼ | November 18, 2015
VimpelCom announced that its 51.9% owned subsidiary, Global Telecom Holding has entered into an agreement with ZARNet to sell its stake in Telecel International for $40 million.
Communications Telecel International owns 60% of Telecel Zimbabwe
ZARNet is wholly owned by the Government of the Republic of Zimbabwe through the Ministry of Information & Communication Technology, Postal and Courier Services. ■