Add-on Acquisition • Internet Software and Services

Liquid Telecommunications Holdings Acquires Startel Tanzania

On December 15, 2016, Liquid Telecommunications Holdings acquired internet software and services company Startel Tanzania

Acquisition Context
  • This is Liquid Telecommunications Holdings’ 1st transaction in the Internet Software and Services sector.
  • This is Liquid Telecommunications Holdings’ 1st transaction in Tanzania.

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M&A Deal Summary

Date December 15, 2016
Target Startel Tanzania
Sector Internet Software and Services
Buyer(s) Liquid Telecommunications Holdings
Deal Type Add-on Acquisition

Target Company

Startel Tanzania

Dar-es-salaam, Tanzania
raha is a provider of internet service that delivers connectivity solutions including fiber, satellite, WiMAX and Wi-Fi.
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Buyer Overview 1

Buyer

Liquid Telecommunications Holdings

London, United Kingdom

Category Company
Founded 2003
Sector Communications
DESCRIPTION

Liquid Telecommunications Holdings Ltd. is a provider of data, voice and internet protocol services.


Deal Context for Buyer #
Overall 3 of 3
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 3 of 3
Country: Tanzania 1 of 1
Year: 2016 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-28 Neotel

Johannesburg, South Africa

Neotel (Pty) Ltd. is a provider of wholesale, business and home customers with telecommunication services. Voice, data and Internet are offered through a single connection which equates to reduced costs to our consumers.

Buy R6.6B