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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (30407)	3/5/2008 7:38:55 AM
From: elmatador	Respond to of 217551

How business is done in Africa. Here is the version published: Message 24235785

To: TobagoJack who wrote (30407)	3/5/2008 7:42:42 AM
From: elmatador	Respond to of 217551

here is the real story according to my sources in the ground: The Lebanese firm Investcom- Spacetel, got the license as usual African business, a little present here, a first class ticket to Paris there, a few dinners, ah, you know those deals... As the Benin government changed, then look into the deal. The local Telco was down in the red real good. Actually Spacetel was charging local calls for international calls and the difference was being paid by the government telco! That is the goverment. Lebanese out of the picture the government went after MTN to get the money. Thus the payment of the (official) history in the previous posting. Most likely there will be more dirt under the carpet of the Investcom that perhaps were solved nicely or perhaps still to surface. The $5.5bn Investcom got, they hold 10% of MTN, and made some other investments such as buying Façonnable More about their group: About M1 Group M1 Group (M1) is a family-owned company engaged in a number of diverse business activities focusing on telecoms, energy and real estate sectors. Tracing its origins to the construction and telecoms sector in the early 1980s and producing successful businesses such as multinational-based INVESTCOM, which was listed on the London and Dubai Stock exchanges. In 2006, MTN and INVESTCOM combined in a landmark deal creating the largest emerging markets mobile operator. Today, M1 GROUP is one of the largest beneficial shareholders of MTN. ELMAT: Wayo Phd by the university of West Africa