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NCA brings down shutters on new licence awards
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Three remain in race for Zamtel stake as BSNL withdraws
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TE reveals increase in net profit
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Ghana’s telecoms regulator the National Communications Authority (NCA)
has made public that going forward, it will not issue any new operating
licences to new players, the Business Guide reports.
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Of the four companies left in the running to acquire a stake in Zambian
fixed line incumbent Zambia Telecommunications Company (Zamtel) only
three have submitted final binding bids, with Indian state-owned telco
Bharat Sanchar Nigam Ltd (BSNL) dropping out of the process after
conducting due diligence.
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Egyptian fixed line incumbent Telecom Egypt (TE) has released its
financial results for the twelve months ended 31 December 2009, posting a
9.4% year-on-year increase in net profit to EGP3.06 billion (USD559
million).
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