In brief

2 August 2019

Mergers, Acquisitions and Financial Results

Angolan mobile operator Unitel recorded profits of AOA 107.8 billion in 2018, the equivalent of around USD 308 million, according to the accounts of Sonangol, which holds 25 percent through its subsidiary Mercury, reports Mercado. Last year, Sonangol received AOA 26.9 billion in dividends from the telecom operator.

Source: Bloomberg