Vodacom strikes key deals as it repositions pan-Africa operations

Vodacom's new
take on Africa

Operations in key
markets repositioned.

Wednesday, Jun 26th

More countries Tunisia

Dubai's EIT selling Tunisie Telecom stake

tunisiaflagstory

Dubai Holdings' Emirates International Telecommunications (EIT) is selling its 35% stake - bought in 2006 for $2.25 billion - in state-owned Tunisie Telecom, the Tunisian government said on Friday.

EIT has complained to the government since the uprising that toppled former president Zine al-Abidine Ben Ali in 2011 about strike action and workers' demands for higher pay.

In February 2011, a month after Ben Ali's ousting, Tunisie Telecom said it had cancelled plans to list on the Tunis and Paris stock exchanges after consultations with trade unions. Workers had threatened industrial action if there were job losses.

Tunisia has a population of 10.5 million people and mobile penetration of 95%.

Tunisie Telecom has more than four million mobile phone subscribers and one million for fixed-line services.

ALSO ON ITWEB AFRICA

Kenyan consortium launches mobile banking app Published on 22 May 2019

Mobile loan product Stawi introduced, backed by Central Bank of Kenya.

Siemens acquires SA-based ESTEQ to bolster digital service distribution Published on 13 June 2019

Siemens Digital Industries Software will now have a direct presence in the South Africa market.

MTN Nigeria server hit by suspected cyber criminals Published on 18 June 2019

MTN has reportedly lost R28m in in just under two hours when suspected cyber criminals attacked its server on Saturday.

NEC XON's biometrics demonstrations draw ministerial interest at ID4Africa Published on 24 June 2019

NEC's Bio-IDiom multimodal biometrics suite recently drew the interest of South Africa's Minister of Home Affairs at ID4Africa.