ANACOM another step closer to 4G spectrum auction

France Telecom (FT) has finalised its agreements to enter the wireless market of the Democratic Republic of Congo (DRC) through a 100% acquisition of Congo Chine Telecom (CCT). The French telecoms giant has agreed to pay USD10 million for the 51% share owned by Chinese equipment manufacturer ZTE, and USD7 million to the Congolese government for the remaining 49%. [More]

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