Home Oi sells 25% stake in Unitel for USD 1 billion
 

Keywords :   


Oi sells 25% stake in Unitel for USD 1 billion

2020-01-24 16:46:00| Telecompaper Headlines

(Telecompaper) Oi has agreed to sell its 25 percent share in Angolan operator Unitel for USD 1 billion, reports O Globo. The buyer is Angolan oil company Sonangol which will pay USD 750 million initially and the rest in 90 days.

Tags: usd billion sells stake

Category:Telecommunications

Latest from this category

All news

07.01Microsoft 365 Copilot Business Signals a New Phase of AI Adoption for SMBs
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
10.01'Unprecedented' numbers seeking debt help post-Christmas, say charities
09.01Trump's Venezuela oil meeting starts with few concrete promises
09.01EU reaches South America trade deal after 25 years of talks
09.01Mexico confirms New World screwworm in Veracruz pig
09.01U.S. red meat demand strong, despite tight supplies, trade issues
09.01U.S. red meat demand strong, despite tight supplies, trade issues
09.01Medgene adds new leadership to sales team
09.01NWRA Recognizes Outstanding Industry Leadership with 2025 Awards
More »