Telecel Zimbabwe Ownership

Telecel Zimbabwe Ownership & Corporate Structure telecel Venpelcon Group $7 Billion Although Vimpelcom is listed on the New York stock Exchange and domiciled (Netherlands), It was founded and is led by Russians. Russia forms critical part of the group. This should ideally benefit the Zimbabwe unit due to close relations between the in Amsterdam The value of the Beeline brand (Vimpelcom's core brand) Zimbabwe's national GDP $2 Billion more than MTN (Africa's biggest commercial brand) two countries. June 2011 Orascom disposes Leo Namibia, further putting the company's Sub-Saharan Africa (SSA) revival under Telecel Globe into great MARCH 2011 Vimpelcom Group Merges with Orascom Telecom Subscribers Creating the world's 6th biggest Telecoms Company Vimpelcom Group 193 Million doubt. The company that rivalled MIN, Airtel and Orange long before any of them exhisted has Orascom 105 Million three assets left in SSA. 1985 Telecel International ~2.75 Million now known a Telecel Globe Telecel Zimbabwe Ownership Telecel Zimbabwe 1.3 Million 60% Zimbabwe : 1993/94 Telecel International/Orascom/ Vodafone launches the first commercial mobile network in Europe. Vimpelcom Enhanced Communications Networks (Econet Cellular) 40% O 1986 Empowerment Corporation Selpon Investments 21.7% Kestrel Corporation 16% National Miners Association of Zimbabwe 3% IBWO 0.0023% Orascom took over day to day management of Telecel Zimbabwe in 2009. The company has since re- corded visible progress but contin- ues to be dogged by an ownership wrangle amongst members of the Empowerment Corporation. Miko Rwayitare launches the first mobile network in Africa( in Zaire/DRC). 1986-2000 (Belore Orascom): |T.S Masiyiwa Investments (60%) Telecel International (40%) The operating license was granted to Empowerment Corporation,. Strive Masiyiwa's T.S Masiyiwa Investments and Miko Rwayitare's Telecel clinched a deal that resulted in the formation of 16 African Markets: Enhanced Communications Networks P/L (Econet Cellular) Ivory Coast, Togo,Gabon, Benin, Zambia, Burundi, Uganda, Central African Republic, The group spends the next three years E facing hurdles as the PTC had a monopoly over felecoms at the time. Burkina Faso, Niger, DRC, Congo Brazzaville, Zimbabwe, Burundi, Guinea, Madagascar Wth corporate offices in South Africa & America 80% stake acquired by Orascom in 2000 PTC decides to pursue mobile telephony and sets up Net-One E PTC purchases Ericsson Equipment 2000-2011 (under Orascom): F Equipment bonded in Durban Strive Masiyiwa structures a deal with F Ericsson to buy Durban equipment through US$ 1 Million deposit *63.9% Three Sub-Saharan Africa Markets Burundi : -1.1 Million Subscribers Telecel International funds the Ericsson deal Central African Republic :~350 000 Zimbabwe: 1.3 Million Mobile Penetration Pending Political complications, Telecel International offered separate license thereby ending its relationship with T.S Masiyiwa Investments With corporate offices in Egypt Network *Simcards Marketshare Other Sub-Saharan Africa assets were sold Econet 5.4 Million (67.5%) with the latest disposal happening in June 2011 (Telecel Namibia). Telecel Zimbabwe emerges with Telecel International holding 40% while a consortium known as the Zimbabwe Wealth Telecel Zim 1.3 Million (16.25%) Telecel accounted for 40% of Sub Saharan Africa's Before Orascom, International I Netone 1.3 Million (16.25%) Creation and Empowerment Council held 60% through the Empower Corporation. Telecoms Sector. It was the first African Telecoms Titan, long before this sector was "cool" or known to many. Telecel's success as inspired companies like MTN, Celtel International, Telecel Zimbabue's fature to be decided. France Telecom and Zimbabwe's Econet *Active Simcards *Mobile penetration as of : September 2011 October 201: pioneer network directly Wireless to venture into the sector. .lO SMS Exeapt Zimbabue (Ovatcon FAILED to sell it.) By 2007 ALL Sub Saharan Africa Assets had been sold. U-COM BURUNDI & TELECEL CENTRAFRIQUE WERE BOUGHT BACK in 2008. Telacel lntarmational sas vevived as Telecel Glob. SOURCES: Potraz Telecoms Statistics (September 2011) Insiderzim.com Financial Gazette . African Leadership Academy Orascom Annual Reports (2000-2011) Vimpelcom 2010 Annual Report Created by: AFRİSPARK TECHZIM TECHNOLOGY ZIMBABWE ZĪMHUB www.techzim.co.zw Telecel Zimbabwe Ownership & Corporate Structure telecel Venpelcon Group $7 Billion Although Vimpelcom is listed on the New York stock Exchange and domiciled (Netherlands), It was founded and is led by Russians. Russia forms critical part of the group. This should ideally benefit the Zimbabwe unit due to close relations between the in Amsterdam a The value of the Beeline brand (Vimpelcom's core brand) Zimbabwe's national GDP $2 Billion more than MTN (Africa's biggest commercial brand) two countries. June 2011 Orascom disposes Leo Namibia, further putting the company's Sub-Saharan Africa (SSA) revival under Telecel Globe into great MARCH 2011 Vimpelcom Group Merges with Orascom Telecom Subscribers Creating the world's 6th biggest Telecoms Company Vimpelcom Group 193 Million doubt. The company that rivalled MIN, Airtel and Orange long before any of them exhisted has Orascom 105 Million three assets left in SSA. 1985 Telecel International ~2.75 Million now known a Telecel Globe Telecel Zimbabwe Ownership Telecel Zimbabwe 1.3 Million 60% Zimbabwe : 1993/94 Telecel International/Orascom/ Vodafone launches the first commercial mobile network in Europe. Vimpelcom Enhanced Communications Networks (Econet Cellular) 40% O 1986 Empowerment Corporation Selpon Investments 21.7% Kestrel Corporation 16% National Miners Association of Zimbabwe 3% IBWO 0.0023% Orascom took over day to day management of Telecel Zimbabwe in 2009. The company has since re- corded visible progress but contin- ues to be dogged by an ownership wrangle amongst members of the Empowerment Corporation. Miko Rwayitare launches the first mobile network in Africa( in Zaire/DRC). 1986-2000 (Belore Orascom): |T.S Masiyiwa Investments (60%) Telecel International (40%) The operating license was granted to Empowerment Corporation,. Strive Masiyiwa's T.S Masiyiwa Investments and Miko Rwayitare's Telecel clinched a deal that resulted in the formation of 16 African Markets: Enhanced Communications Networks P/L (Econet Cellular) Ivory Coast, Togo,Gabon, Benin, Zambia, Burundi, Uganda, Central African Republic, The group spends the next three years E facing hurdles as the PTC had a monopoly over felecoms at the time. Burkina Faso, Niger, DRC, Congo Brazzaville, Zimbabwe, Burundi, Guinea, Madagascar Wth corporate offices in South Africa & America 80% stake acquired by Orascom in 2000 PTC decides to pursue mobile telephony and sets up Net-One E PTC purchases Ericsson Equipment 2000-2011 (under Orascom): F Equipment bonded in Durban Strive Masiyiwa structures a deal with F Ericsson to buy Durban equipment through US$ 1 Million deposit *63.9% Three Sub-Saharan Africa Markets Burundi : -1.1 Million Subscribers Telecel International funds the Ericsson deal Central African Republic :~350 000 Zimbabwe: 1.3 Million Mobile Penetration Pending Political complications, Telecel International offered separate license thereby ending its relationship with T.S Masiyiwa Investments With corporate offices in Egypt Network *Simcards Marketshare Other Sub-Saharan Africa assets were sold Econet 5.4 Million (67.5%) with the latest disposal happening in June 2011 (Telecel Namibia). Telecel Zimbabwe emerges with Telecel International holding 40% while a consortium known as the Zimbabwe Wealth Telecel Zim 1.3 Million (16.25%) Telecel accounted for 40% of Sub Saharan Africa's Before Orascom, International I Netone 1.3 Million (16.25%) Creation and Empowerment Council held 60% through the Empower Corporation. Telecoms Sector. It was the first African Telecoms Titan, long before this sector was "cool" or known to many. Telecel's success as inspired companies like MTN, Celtel International, Telecel Zimbabue's fature to be decided. France Telecom and Zimbabwe's Econet *Active Simcards *Mobile penetration as of : September 2011 October 201: pioneer network directly a Wireless to venture into the sector. .lO SMS Exeapt Zimbabue (Ovatcon FAILED to sell it.) By 2007 ALL Sub Saharan Africa Assets had been sold. U-COM BURUNDI & TELECEL CENTRAFRIQUE WERE BOUGHT BACK in 2008. Telacel lntarmational sas vevived as Telecel Glob. SOURCES: Potraz Telecoms Statistics (September 2011) Insiderzim.com Financial Gazette . African Leadership Academy Orascom Annual Reports (2000-2011) Vimpelcom 2010 Annual Report Created by: AFRİSPARK TECHZIM TECHNOLOGY ZIMBABWE ZĪMHUB www.techzim.co.zw Telecel Zimbabwe Ownership & Corporate Structure telecel Venpelcon Group $7 Billion Although Vimpelcom is listed on the New York stock Exchange and domiciled (Netherlands), It was founded and is led by Russians. Russia forms critical part of the group. This should ideally benefit the Zimbabwe unit due to close relations between the in Amsterdam a The value of the Beeline brand (Vimpelcom's core brand) Zimbabwe's national GDP $2 Billion more than MTN (Africa's biggest commercial brand) two countries. June 2011 Orascom disposes Leo Namibia, further putting the company's Sub-Saharan Africa (SSA) revival under Telecel Globe into great MARCH 2011 Vimpelcom Group Merges with Orascom Telecom Subscribers Creating the world's 6th biggest Telecoms Company Vimpelcom Group 193 Million doubt. The company that rivalled MIN, Airtel and Orange long before any of them exhisted has Orascom 105 Million three assets left in SSA. 1985 Telecel International ~2.75 Million now known a Telecel Globe Telecel Zimbabwe Ownership Telecel Zimbabwe 1.3 Million 60% Zimbabwe : 1993/94 Telecel International/Orascom/ Vodafone launches the first commercial mobile network in Europe. Vimpelcom Enhanced Communications Networks (Econet Cellular) 40% O 1986 Empowerment Corporation Selpon Investments 21.7% Kestrel Corporation 16% National Miners Association of Zimbabwe 3% IBWO 0.0023% Orascom took over day to day management of Telecel Zimbabwe in 2009. The company has since re- corded visible progress but contin- ues to be dogged by an ownership wrangle amongst members of the Empowerment Corporation. Miko Rwayitare launches the first mobile network in Africa( in Zaire/DRC). 1986-2000 (Belore Orascom): |T.S Masiyiwa Investments (60%) Telecel International (40%) The operating license was granted to Empowerment Corporation,. Strive Masiyiwa's T.S Masiyiwa Investments and Miko Rwayitare's Telecel clinched a deal that resulted in the formation of 16 African Markets: Enhanced Communications Networks P/L (Econet Cellular) Ivory Coast, Togo,Gabon, Benin, Zambia, Burundi, Uganda, Central African Republic, The group spends the next three years E facing hurdles as the PTC had a monopoly over felecoms at the time. Burkina Faso, Niger, DRC, Congo Brazzaville, Zimbabwe, Burundi, Guinea, Madagascar Wth corporate offices in South Africa & America 80% stake acquired by Orascom in 2000 PTC decides to pursue mobile telephony and sets up Net-One E PTC purchases Ericsson Equipment 2000-2011 (under Orascom): F Equipment bonded in Durban Strive Masiyiwa structures a deal with F Ericsson to buy Durban equipment through US$ 1 Million deposit *63.9% Three Sub-Saharan Africa Markets Burundi : -1.1 Million Subscribers Telecel International funds the Ericsson deal Central African Republic :~350 000 Zimbabwe: 1.3 Million Mobile Penetration Pending Political complications, Telecel International offered separate license thereby ending its relationship with T.S Masiyiwa Investments With corporate offices in Egypt Network *Simcards Marketshare Other Sub-Saharan Africa assets were sold Econet 5.4 Million (67.5%) with the latest disposal happening in June 2011 (Telecel Namibia). Telecel Zimbabwe emerges with Telecel International holding 40% while a consortium known as the Zimbabwe Wealth Telecel Zim 1.3 Million (16.25%) Telecel accounted for 40% of Sub Saharan Africa's Before Orascom, International I Netone 1.3 Million (16.25%) Creation and Empowerment Council held 60% through the Empower Corporation. Telecoms Sector. It was the first African Telecoms Titan, long before this sector was "cool" or known to many. Telecel's success as inspired companies like MTN, Celtel International, Telecel Zimbabue's fature to be decided. France Telecom and Zimbabwe's Econet *Active Simcards *Mobile penetration as of : September 2011 October 201: pioneer network directly a Wireless to venture into the sector. .lO SMS Exeapt Zimbabue (Ovatcon FAILED to sell it.) By 2007 ALL Sub Saharan Africa Assets had been sold. U-COM BURUNDI & TELECEL CENTRAFRIQUE WERE BOUGHT BACK in 2008. Telacel lntarmational sas vevived as Telecel Glob. SOURCES: Potraz Telecoms Statistics (September 2011) Insiderzim.com Financial Gazette . African Leadership Academy Orascom Annual Reports (2000-2011) Vimpelcom 2010 Annual Report Created by: AFRİSPARK TECHZIM TECHNOLOGY ZIMBABWE ZĪMHUB www.techzim.co.zw Telecel Zimbabwe Ownership & Corporate Structure telecel Venpelcon Group $7 Billion Although Vimpelcom is listed on the New York stock Exchange and domiciled (Netherlands), It was founded and is led by Russians. Russia forms critical part of the group. This should ideally benefit the Zimbabwe unit due to close relations between the in Amsterdam a The value of the Beeline brand (Vimpelcom's core brand) Zimbabwe's national GDP $2 Billion more than MTN (Africa's biggest commercial brand) two countries. June 2011 Orascom disposes Leo Namibia, further putting the company's Sub-Saharan Africa (SSA) revival under Telecel Globe into great MARCH 2011 Vimpelcom Group Merges with Orascom Telecom Subscribers Creating the world's 6th biggest Telecoms Company Vimpelcom Group 193 Million doubt. The company that rivalled MIN, Airtel and Orange long before any of them exhisted has Orascom 105 Million three assets left in SSA. 1985 Telecel International ~2.75 Million now known a Telecel Globe Telecel Zimbabwe Ownership Telecel Zimbabwe 1.3 Million 60% Zimbabwe : 1993/94 Telecel International/Orascom/ Vodafone launches the first commercial mobile network in Europe. Vimpelcom Enhanced Communications Networks (Econet Cellular) 40% O 1986 Empowerment Corporation Selpon Investments 21.7% Kestrel Corporation 16% National Miners Association of Zimbabwe 3% IBWO 0.0023% Orascom took over day to day management of Telecel Zimbabwe in 2009. The company has since re- corded visible progress but contin- ues to be dogged by an ownership wrangle amongst members of the Empowerment Corporation. Miko Rwayitare launches the first mobile network in Africa( in Zaire/DRC). 1986-2000 (Belore Orascom): |T.S Masiyiwa Investments (60%) Telecel International (40%) The operating license was granted to Empowerment Corporation,. Strive Masiyiwa's T.S Masiyiwa Investments and Miko Rwayitare's Telecel clinched a deal that resulted in the formation of 16 African Markets: Enhanced Communications Networks P/L (Econet Cellular) Ivory Coast, Togo,Gabon, Benin, Zambia, Burundi, Uganda, Central African Republic, The group spends the next three years E facing hurdles as the PTC had a monopoly over felecoms at the time. Burkina Faso, Niger, DRC, Congo Brazzaville, Zimbabwe, Burundi, Guinea, Madagascar Wth corporate offices in South Africa & America 80% stake acquired by Orascom in 2000 PTC decides to pursue mobile telephony and sets up Net-One E PTC purchases Ericsson Equipment 2000-2011 (under Orascom): F Equipment bonded in Durban Strive Masiyiwa structures a deal with F Ericsson to buy Durban equipment through US$ 1 Million deposit *63.9% Three Sub-Saharan Africa Markets Burundi : -1.1 Million Subscribers Telecel International funds the Ericsson deal Central African Republic :~350 000 Zimbabwe: 1.3 Million Mobile Penetration Pending Political complications, Telecel International offered separate license thereby ending its relationship with T.S Masiyiwa Investments With corporate offices in Egypt Network *Simcards Marketshare Other Sub-Saharan Africa assets were sold Econet 5.4 Million (67.5%) with the latest disposal happening in June 2011 (Telecel Namibia). Telecel Zimbabwe emerges with Telecel International holding 40% while a consortium known as the Zimbabwe Wealth Telecel Zim 1.3 Million (16.25%) Telecel accounted for 40% of Sub Saharan Africa's Before Orascom, International I Netone 1.3 Million (16.25%) Creation and Empowerment Council held 60% through the Empower Corporation. Telecoms Sector. It was the first African Telecoms Titan, long before this sector was "cool" or known to many. Telecel's success as inspired companies like MTN, Celtel International, Telecel Zimbabue's fature to be decided. France Telecom and Zimbabwe's Econet *Active Simcards *Mobile penetration as of : September 2011 October 201: pioneer network directly a Wireless to venture into the sector. .lO SMS Exeapt Zimbabue (Ovatcon FAILED to sell it.) By 2007 ALL Sub Saharan Africa Assets had been sold. U-COM BURUNDI & TELECEL CENTRAFRIQUE WERE BOUGHT BACK in 2008. Telacel lntarmational sas vevived as Telecel Glob. SOURCES: Potraz Telecoms Statistics (September 2011) Insiderzim.com Financial Gazette . African Leadership Academy Orascom Annual Reports (2000-2011) Vimpelcom 2010 Annual Report Created by: AFRİSPARK TECHZIM TECHNOLOGY ZIMBABWE ZĪMHUB www.techzim.co.zw Telecel Zimbabwe Ownership & Corporate Structure telecel Venpelcon Group $7 Billion Although Vimpelcom is listed on the New York stock Exchange and domiciled (Netherlands), It was founded and is led by Russians. Russia forms critical part of the group. This should ideally benefit the Zimbabwe unit due to close relations between the in Amsterdam a The value of the Beeline brand (Vimpelcom's core brand) Zimbabwe's national GDP $2 Billion more than MTN (Africa's biggest commercial brand) two countries. June 2011 Orascom disposes Leo Namibia, further putting the company's Sub-Saharan Africa (SSA) revival under Telecel Globe into great MARCH 2011 Vimpelcom Group Merges with Orascom Telecom Subscribers Creating the world's 6th biggest Telecoms Company Vimpelcom Group 193 Million doubt. The company that rivalled MIN, Airtel and Orange long before any of them exhisted has Orascom 105 Million three assets left in SSA. 1985 Telecel International ~2.75 Million now known a Telecel Globe Telecel Zimbabwe Ownership Telecel Zimbabwe 1.3 Million 60% Zimbabwe : 1993/94 Telecel International/Orascom/ Vodafone launches the first commercial mobile network in Europe. Vimpelcom Enhanced Communications Networks (Econet Cellular) 40% O 1986 Empowerment Corporation Selpon Investments 21.7% Kestrel Corporation 16% National Miners Association of Zimbabwe 3% IBWO 0.0023% Orascom took over day to day management of Telecel Zimbabwe in 2009. The company has since re- corded visible progress but contin- ues to be dogged by an ownership wrangle amongst members of the Empowerment Corporation. Miko Rwayitare launches the first mobile network in Africa( in Zaire/DRC). 1986-2000 (Belore Orascom): |T.S Masiyiwa Investments (60%) Telecel International (40%) The operating license was granted to Empowerment Corporation,. Strive Masiyiwa's T.S Masiyiwa Investments and Miko Rwayitare's Telecel clinched a deal that resulted in the formation of 16 African Markets: Enhanced Communications Networks P/L (Econet Cellular) Ivory Coast, Togo,Gabon, Benin, Zambia, Burundi, Uganda, Central African Republic, The group spends the next three years E facing hurdles as the PTC had a monopoly over felecoms at the time. Burkina Faso, Niger, DRC, Congo Brazzaville, Zimbabwe, Burundi, Guinea, Madagascar Wth corporate offices in South Africa & America 80% stake acquired by Orascom in 2000 PTC decides to pursue mobile telephony and sets up Net-One E PTC purchases Ericsson Equipment 2000-2011 (under Orascom): F Equipment bonded in Durban Strive Masiyiwa structures a deal with F Ericsson to buy Durban equipment through US$ 1 Million deposit *63.9% Three Sub-Saharan Africa Markets Burundi : -1.1 Million Subscribers Telecel International funds the Ericsson deal Central African Republic :~350 000 Zimbabwe: 1.3 Million Mobile Penetration Pending Political complications, Telecel International offered separate license thereby ending its relationship with T.S Masiyiwa Investments With corporate offices in Egypt Network *Simcards Marketshare Other Sub-Saharan Africa assets were sold Econet 5.4 Million (67.5%) with the latest disposal happening in June 2011 (Telecel Namibia). Telecel Zimbabwe emerges with Telecel International holding 40% while a consortium known as the Zimbabwe Wealth Telecel Zim 1.3 Million (16.25%) Telecel accounted for 40% of Sub Saharan Africa's Before Orascom, International I Netone 1.3 Million (16.25%) Creation and Empowerment Council held 60% through the Empower Corporation. Telecoms Sector. It was the first African Telecoms Titan, long before this sector was "cool" or known to many. Telecel's success as inspired companies like MTN, Celtel International, Telecel Zimbabue's fature to be decided. France Telecom and Zimbabwe's Econet *Active Simcards *Mobile penetration as of : September 2011 October 201: pioneer network directly a Wireless to venture into the sector. .lO SMS Exeapt Zimbabue (Ovatcon FAILED to sell it.) By 2007 ALL Sub Saharan Africa Assets had been sold. U-COM BURUNDI & TELECEL CENTRAFRIQUE WERE BOUGHT BACK in 2008. Telacel lntarmational sas vevived as Telecel Glob. SOURCES: Potraz Telecoms Statistics (September 2011) Insiderzim.com Financial Gazette . African Leadership Academy Orascom Annual Reports (2000-2011) Vimpelcom 2010 Annual Report Created by: AFRİSPARK TECHZIM TECHNOLOGY ZIMBABWE ZĪMHUB www.techzim.co.zw Telecel Zimbabwe Ownership & Corporate Structure telecel Venpelcon Group $7 Billion Although Vimpelcom is listed on the New York stock Exchange and domiciled (Netherlands), It was founded and is led by Russians. Russia forms critical part of the group. This should ideally benefit the Zimbabwe unit due to close relations between the in Amsterdam a The value of the Beeline brand (Vimpelcom's core brand) Zimbabwe's national GDP $2 Billion more than MTN (Africa's biggest commercial brand) two countries. June 2011 Orascom disposes Leo Namibia, further putting the company's Sub-Saharan Africa (SSA) revival under Telecel Globe into great MARCH 2011 Vimpelcom Group Merges with Orascom Telecom Subscribers Creating the world's 6th biggest Telecoms Company Vimpelcom Group 193 Million doubt. The company that rivalled MIN, Airtel and Orange long before any of them exhisted has Orascom 105 Million three assets left in SSA. 1985 Telecel International ~2.75 Million now known a Telecel Globe Telecel Zimbabwe Ownership Telecel Zimbabwe 1.3 Million 60% Zimbabwe : 1993/94 Telecel International/Orascom/ Vodafone launches the first commercial mobile network in Europe. Vimpelcom Enhanced Communications Networks (Econet Cellular) 40% O 1986 Empowerment Corporation Selpon Investments 21.7% Kestrel Corporation 16% National Miners Association of Zimbabwe 3% IBWO 0.0023% Orascom took over day to day management of Telecel Zimbabwe in 2009. The company has since re- corded visible progress but contin- ues to be dogged by an ownership wrangle amongst members of the Empowerment Corporation. Miko Rwayitare launches the first mobile network in Africa( in Zaire/DRC). 1986-2000 (Belore Orascom): |T.S Masiyiwa Investments (60%) Telecel International (40%) The operating license was granted to Empowerment Corporation,. Strive Masiyiwa's T.S Masiyiwa Investments and Miko Rwayitare's Telecel clinched a deal that resulted in the formation of 16 African Markets: Enhanced Communications Networks P/L (Econet Cellular) Ivory Coast, Togo,Gabon, Benin, Zambia, Burundi, Uganda, Central African Republic, The group spends the next three years E facing hurdles as the PTC had a monopoly over felecoms at the time. Burkina Faso, Niger, DRC, Congo Brazzaville, Zimbabwe, Burundi, Guinea, Madagascar Wth corporate offices in South Africa & America 80% stake acquired by Orascom in 2000 PTC decides to pursue mobile telephony and sets up Net-One E PTC purchases Ericsson Equipment 2000-2011 (under Orascom): F Equipment bonded in Durban Strive Masiyiwa structures a deal with F Ericsson to buy Durban equipment through US$ 1 Million deposit *63.9% Three Sub-Saharan Africa Markets Burundi : -1.1 Million Subscribers Telecel International funds the Ericsson deal Central African Republic :~350 000 Zimbabwe: 1.3 Million Mobile Penetration Pending Political complications, Telecel International offered separate license thereby ending its relationship with T.S Masiyiwa Investments With corporate offices in Egypt Network *Simcards Marketshare Other Sub-Saharan Africa assets were sold Econet 5.4 Million (67.5%) with the latest disposal happening in June 2011 (Telecel Namibia). Telecel Zimbabwe emerges with Telecel International holding 40% while a consortium known as the Zimbabwe Wealth Telecel Zim 1.3 Million (16.25%) Telecel accounted for 40% of Sub Saharan Africa's Before Orascom, International I Netone 1.3 Million (16.25%) Creation and Empowerment Council held 60% through the Empower Corporation. Telecoms Sector. It was the first African Telecoms Titan, long before this sector was "cool" or known to many. Telecel's success as inspired companies like MTN, Celtel International, Telecel Zimbabue's fature to be decided. France Telecom and Zimbabwe's Econet *Active Simcards *Mobile penetration as of : September 2011 October 201: pioneer network directly a Wireless to venture into the sector. .lO SMS Exeapt Zimbabue (Ovatcon FAILED to sell it.) By 2007 ALL Sub Saharan Africa Assets had been sold. U-COM BURUNDI & TELECEL CENTRAFRIQUE WERE BOUGHT BACK in 2008. Telacel lntarmational sas vevived as Telecel Glob. SOURCES: Potraz Telecoms Statistics (September 2011) Insiderzim.com Financial Gazette . African Leadership Academy Orascom Annual Reports (2000-2011) Vimpelcom 2010 Annual Report Created by: AFRİSPARK TECHZIM TECHNOLOGY ZIMBABWE ZĪMHUB www.techzim.co.zw Telecel Zimbabwe Ownership & Corporate Structure telecel Venpelcon Group $7 Billion Although Vimpelcom is listed on the New York stock Exchange and domiciled (Netherlands), It was founded and is led by Russians. Russia forms critical part of the group. This should ideally benefit the Zimbabwe unit due to close relations between the in Amsterdam a The value of the Beeline brand (Vimpelcom's core brand) Zimbabwe's national GDP $2 Billion more than MTN (Africa's biggest commercial brand) two countries. June 2011 Orascom disposes Leo Namibia, further putting the company's Sub-Saharan Africa (SSA) revival under Telecel Globe into great MARCH 2011 Vimpelcom Group Merges with Orascom Telecom Subscribers Creating the world's 6th biggest Telecoms Company Vimpelcom Group 193 Million doubt. The company that rivalled MIN, Airtel and Orange long before any of them exhisted has Orascom 105 Million three assets left in SSA. 1985 Telecel International ~2.75 Million now known a Telecel Globe Telecel Zimbabwe Ownership Telecel Zimbabwe 1.3 Million 60% Zimbabwe : 1993/94 Telecel International/Orascom/ Vodafone launches the first commercial mobile network in Europe. Vimpelcom Enhanced Communications Networks (Econet Cellular) 40% O 1986 Empowerment Corporation Selpon Investments 21.7% Kestrel Corporation 16% National Miners Association of Zimbabwe 3% IBWO 0.0023% Orascom took over day to day management of Telecel Zimbabwe in 2009. The company has since re- corded visible progress but contin- ues to be dogged by an ownership wrangle amongst members of the Empowerment Corporation. Miko Rwayitare launches the first mobile network in Africa( in Zaire/DRC). 1986-2000 (Belore Orascom): |T.S Masiyiwa Investments (60%) Telecel International (40%) The operating license was granted to Empowerment Corporation,. Strive Masiyiwa's T.S Masiyiwa Investments and Miko Rwayitare's Telecel clinched a deal that resulted in the formation of 16 African Markets: Enhanced Communications Networks P/L (Econet Cellular) Ivory Coast, Togo,Gabon, Benin, Zambia, Burundi, Uganda, Central African Republic, The group spends the next three years E facing hurdles as the PTC had a monopoly over felecoms at the time. Burkina Faso, Niger, DRC, Congo Brazzaville, Zimbabwe, Burundi, Guinea, Madagascar Wth corporate offices in South Africa & America 80% stake acquired by Orascom in 2000 PTC decides to pursue mobile telephony and sets up Net-One E PTC purchases Ericsson Equipment 2000-2011 (under Orascom): F Equipment bonded in Durban Strive Masiyiwa structures a deal with F Ericsson to buy Durban equipment through US$ 1 Million deposit *63.9% Three Sub-Saharan Africa Markets Burundi : -1.1 Million Subscribers Telecel International funds the Ericsson deal Central African Republic :~350 000 Zimbabwe: 1.3 Million Mobile Penetration Pending Political complications, Telecel International offered separate license thereby ending its relationship with T.S Masiyiwa Investments With corporate offices in Egypt Network *Simcards Marketshare Other Sub-Saharan Africa assets were sold Econet 5.4 Million (67.5%) with the latest disposal happening in June 2011 (Telecel Namibia). Telecel Zimbabwe emerges with Telecel International holding 40% while a consortium known as the Zimbabwe Wealth Telecel Zim 1.3 Million (16.25%) Telecel accounted for 40% of Sub Saharan Africa's Before Orascom, International I Netone 1.3 Million (16.25%) Creation and Empowerment Council held 60% through the Empower Corporation. Telecoms Sector. It was the first African Telecoms Titan, long before this sector was "cool" or known to many. Telecel's success as inspired companies like MTN, Celtel International, Telecel Zimbabue's fature to be decided. France Telecom and Zimbabwe's Econet *Active Simcards *Mobile penetration as of : September 2011 October 201: pioneer network directly a Wireless to venture into the sector. .lO SMS Exeapt Zimbabue (Ovatcon FAILED to sell it.) By 2007 ALL Sub Saharan Africa Assets had been sold. U-COM BURUNDI & TELECEL CENTRAFRIQUE WERE BOUGHT BACK in 2008. Telacel lntarmational sas vevived as Telecel Glob. SOURCES: Potraz Telecoms Statistics (September 2011) Insiderzim.com Financial Gazette . African Leadership Academy Orascom Annual Reports (2000-2011) Vimpelcom 2010 Annual Report Created by: AFRİSPARK TECHZIM TECHNOLOGY ZIMBABWE ZĪMHUB www.techzim.co.zw