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  • VimpelCom sells Djezzy Algerian subsidiary stake
Algeria Egypt Middle East Russia Information & Communications Technology (ICT)

VimpelCom sells Djezzy Algerian subsidiary stake

17/04/2014

VimpelCom sells Djezzy: Mobile operator VimpelCom has sold 51% of its stake in its Algerian counterpart Djezzy for $2.6bn. VimpelCom will continue to control 25% of Djezzy through its 51.9% stake in Egypt’s Global Telecom Holding. rbc

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Topics: M&A, Mobile phones & hand held devices, North Africa

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