Home › TelOne seeks investors for USD 300 mln capitalisation
 

Keywords :   


TelOne seeks investors for USD 300 mln capitalisation

2020-07-21 09:34:00| Telecompaper Headlines

(Telecompaper) Zimbabwean operator TelOne says it is looking for investors to inject around USD 300 million into the recapitalisation of the business, The Herald reported. It has just concluded a network enhancement called the National Broadband Project, which was funded by a USD 98 million China Exim Bank loan facility. MD Chipo Mtasa said the projected recapitalisation would further capacitate TelOne's operations and service offerings.

Tags: usd seeks investors mln

Category:Telecommunications

Latest from this category

All news
28.02Fostering Leadership with the Fanatical Leadership Academy at Rackspace University
Telecommunications »
14.03Car sharing switches to electric to boost appeal
14.03Exclusive: Every McDonald's in Britain warned of legal action over failing to tackle staff sex abuse
13.03Continental Refining Company targets Southeastern feed mills for cattle-formulated UltraBlend Soymeal
13.03Glenn Laursen Brinkman
13.03U.S. cattle producers hail new WOTUS guidance
13.03Judge orders Trump administration to give fired workers their jobs back
13.03Warning Thames Water collapse could cost taxpayers billions and hit pensions
13.03Howard Hill honored with NPPC Hall of Fame induction
More »