James Maclaurin has recently joined the management board of Celtel International BV as its Chief Financial Officer. Prior to joining Celtel, James was the CFO of UbiNetics, a private equity funded wireless technology business successfully sold to Cambridge Silicon Radio in August 2005. Prior to UbiNetics James, as EVP of Marconi, was instrumental in the successful $9bn restructuring and debt – equity swap of Marconi after having held a number of key managerial positions in the UK and Asia in both Marconi and its predecessor, GEC. James is a member of the Institute of Chartered Accountants of Scotland and holds 2 degrees in Engineering and Finance from Scottish universities.
About Celtel and MTC
Celtel International is a pan-African mobile telecommunications operator. Celtel has more people under licence in Africa than any other cellular operator. The company is one of the best-known branded businesses in Africa with mobile licenses covering more than 400 million people, close to half of Africa's population. Under the brand promise of 'Making Life Better', the company is committed to achieving sustainable development of telecommunications in Africa. Celtel has more than 14 million customers and operates mobile cellular operations in 14 countries: Burkina Faso, Chad, Democratic Republic of Congo, Gabon, Kenya, Madagascar, Malawi, Niger, Nigeria, Republic of Congo, Sierra Leone, Tanzania, Uganda and Zambia. For more information please visit www.celtel.com
Celtel is owned by MTC, a leading provider of mobile telecommunications in the Middle East and Africa. In addition to a presence in Sudan, MTC also operates mobile networks in 5 countries in the Middle East. The MTC Group is listed on the Kuwait Stock Exchange and has a market capitalization of $ 12.5 billion as of July, 18, 2006. For more information please visit www.mtc.com.kw