MTN expands to Cote d’Ivoire and Zambia

23 Jun 2005

South Africa-based MTN Group has closed agreements to acquire controlling stakes in GSM operators in Zambia and the Cote d’Ivoire. The group has bought 100% of Telecel Zambia and 51% of Ivorian cellco Loteny Telecom which also trades under the Telecel brand. Telecel is the second largest cellco in both countries.

Côte d'Ivoire, Zambia, MTN Cote d'Ivoire (incl. MTN Business), MTN Group, Telecel International