Unnamed trio bidding for Zambian mobile licence

1 December 2017

Mergers, Acquisitions and Financial Results

No fewer than three companies have stepped forward to bid for Zambia’s fourth mobile network operator (MNO) licence, according to Reuters. While the report does not name the companies involved in the tender process – which is now expected to close next month – it does claim one is British and the other two are African, citing Zambian communications minister Brian Mushimba. The tender was supposed to close last week, but the deadline has been extended to 18 December, as some of the bidders reportedly requesting needing more time. ‘Some of the interested parties came on board very late and for them to give a comprehensive report, they need to get on the ground and travel across the country,’ Mushimba was cited as saying. With regards to an outcome, the communications minister has indicated that the government expects to have a selected a winning bid by June 2018.

Source: Telegeography