In brief

16 February 2018

Mergers, Acquisitions and Financial Results

The Cape Verdean government has announced the creation of a new company to manage the state’s telecommunications network, which is currently the responsibility of Cabo Verde Telecom (CVT), Portuguese newspaper Lusa reported. A Council of Ministers meeting approved a plan for functional separation of telecoms infrastructure management from CVT’s telecoms services operations, and the telco’s concession contract will now be renegotiated.