Tag Search : Econet Wireless

Telecom  |  Econet Buys Back Mascom Wireless Of Botswana For $300 Million

In the late nineties Zimbabwean businessman, Strive Masiyiwa had difficulties securing a license to operate a mobile network in Zimbabwe, so he launched his network, Mascom Wireless in Botswana. Masiyiwa sold off 14% of Mascom in 2004 disregarding the discontent ...

Video-On-Demand  |  Netflix Rival Iflix Walks Away From Africa Business To Focus On Asia

Iflix, the Netflix competitor that’s backed by Sky, is leaving Africa to pay more attention to its business in Asia. The Malaysia-based company announced that it had sold off the last remaining shares in its Africa business — Kwesé Iflix ...

Liquid Telecom Receives $180 Million Investment

Liquid Telecom has been given a $180 million cash injection by the U.K. development finance institution CDC Group Plc as Africa’s largest fiber-network operator installs broadband infrastructure across the continent. The Chief Executive Officer at Liquid Telecom, Nic Rudnic said ...

Minority Shareholders Stand Together Against Econet Founder

Minority shareholders raised their concerns over allegations of unfair conduct by Strive Masiyiwa, the majority shareholder at Econet Wireless Zimbabwe. Because of this outcry, a shareholder vote on the conversion of debentures to shares in the Zimbabwean telecoms operator has ...

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