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MTN buys land line, web firms

Oct 01 2008 16:40

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Johannesburg - Sub-Saharan Africa's biggest mobile phone operator MTN said on Wednesday it has acquired 100 percent of Ivory Coast's Arobase Telecom S.A. and 100 percent of Afnet,for an undisclosed amount.

Arobase Telecom is the second land line operator in Ivory Coast and Afnet is an internet service provider in Ivory Coast which offers wireless broadband technology and data services.

MTN said in a statement the acqusition of Arobase Telecom and Afnet was in line with its stated strategy to provide integrated communications solutions in all its markets.

- Reuters

 
 
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