Nigerian Firm Signs U.S.$62 Million Deal
The African Export-Import Bank has signed a U.S.$62 million loan to a local communication firm, Capcom, to help it acquire the latest fourth generation (4G) technology.
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Nigeria:
Hope for Embattled CDMA Sub-Sector, As Starcomms Gets U.S.$210 Million Lifeline
Vanguard, 9 January 2013
Since liberalization of the Nigerian telecommunications sector in 2001, the sector has unarguably become the most competitive in the entire sector of the economy. The four major… Read more »
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Nigeria:
Shareholders Approve Capcom's U.S.$210 Million Deal With Starcomms
This Day, 4 January 2013
Starcomms Thursday announced that its shareholders had approved of the planned $210 million investment deal by Capcom to acquire it. Read more »
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Nigeria:
Capcom to Revitalise Starcomms With U.S.$210 Million Investment
Leadership, 4 January 2013
Capcom Limited, is now set to revitalise the operations of Starcomms Plc, with an investment of $210 million to acquire over 90 per cent stake in the telecom company. Read more »
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Nigeria:
Capcom Acquires 90.5 Percent Stake in Starcomms
Daily Trust, 31 December 2012
Capcom Limited will now control 90.5 percent stakes in Starcoms Plc, shareholders of Starcomms approved over the weekend. Read more »
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Nigeria:
Shareholders Rally Round Starcomms, Approve U.S.$210 Million Capital Injection
This Day, 30 December 2012
Shareholders of Starcomms Plc have approved a $210 million capital injection by Capcom Limited into the company to salvage it from an imminent collapse. Read more »