Investment Summary

Millicom International Cellular Invests In Zanzibar Telecom

On June 5, 2015, Millicom International Cellular invested in communications company Zanzibar Telecom from Emirates Telecom

Investment Highlights
  • This is Millicom International Cellular’s 2nd transaction in the Communications sector.
  • This is Millicom International Cellular’s 1st transaction in Tanzania.

Investment Summary

Date 2015-06-05
Target Zanzibar Telecom
Sector Communications
Investor(s) Millicom International Cellular
Sellers(s) Emirates Telecom
Deal Type Stake Purchase

Target

Zanzibar Telecom

Dar Es Salaam, Tanzania
Zantel (Zanzibar Telecom) is a provider of data telecommunications brand in Zanzibar and its largest internet provider. Its integrated telecom service provide International Gateway services, Fixed, Mobile and data services through its CDMA, GSM, 3G networks.

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Investor(S) 1

Investor

Millicom International Cellular

Luxembourg, Luxembourg

Category Company
Founded 1990
Sector Communications
Employees14,000
Revenue 5.8B USD (2024)
DESCRIPTION

Millicom International Cellular is a telecom company. Millicom International Cellular was founded in 1990 and is based in Luxembourg City, Luxembourg .


DEAL STATS #
Overall 3 of 8
Sector: Communications M&A 2 of 6
Type: Stake Purchase M&A Deals 1 of 1
Country: Tanzania M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-16 Cablevisión Paraguay S.A.

Asuncion, Paraguay

Cablevisión Paraguay S.A. is a provider of cable pay-TV services in Paraguay. In 2011, it covered 470, 000 households and had 116,000 cable TV customers, with close to 10% of them subscribing to fixed broadband services. Cablevisión Paraguay has exclusive rights to broadcast Paraguay’s soccer championship games.

Buy $150M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-15 TV Cable Parana S.A.

Asunción, Paraguay

TV Cable Paraná is a regional cable TV provider in Ciudad del Este. Paraná TV offers users a wide variety of national and international channels with signals from the US, Germany, China, Korea, Argentina, Brazil, Mexico, and Venezuela, including movies, cartoons and sports channels.

Buy -

Seller(S) 1

SELLER

Emirates Telecom

Abu Dhabi, United Arab Emirates

Category Company
Founded 1976
Sector Communications
DESCRIPTION

Emirates Telecom Corp. is a telecommunications operator in the six Arab countries of the Gulf Cooperation Council.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Tanzania M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-03 Yettel

Belgrade, Serbia

Yettel is a provider of mobile services. Yettel was founded in 1994 and is based in Belgrade, Serbia.

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