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GSMA Intelligence’s numbers indicate that mobile connections in Ethiopia were equivalent to 60.4 percent of the total population in January 2024. The number of mobile connections in Ethiopia increased by 8.2 million (+11.9 percent) between the start of 2023 and the start of 2024. [54]
In February 2006, Zain acquired the remaining 61% stake of Mobitel, Sudan's first mobile operator, in a deal valued at $1.332 billion, resulting in 100% ownership. The company was rebranded to Zain in September 2007 and subsequently renewed its license in Sudan for a period of 20 years through its subsidiary Zain Sudan .
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A total of up to 4,637,394,533 ordinary shares of MTN Ghana, representing 35% of its equity was offered to qualifying applicants. This was part of the agreement between MTN Ghana and Ghana's National Communications Authority (NCA) in November, 2015 for MTN Ghana to deploy 4G LTE mobile services to its customers in Ghana. [33]
In April 2005 the company was acquired by and became a subsidiary of Zain (formerly the Mobile Telecommunications Company). At the time it was purchased by Zain in April 2005, Celtel had about 24 million subscribers in 14 African countries. On 8 June 2010 the company was purchased by Bharti Airtel from Zain. On 22 November 2010, it was ...
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