|
SENS Note - 29 November 2005
|
| MTN -- update on investment in IranCell
|
| |
Shareholders are referred to SENS announcements made on 20 October 2005 and 21 November 2005 in respect of MTN's 49% investment in Sherkate Khademate Ertebati-E-IranCell. Following the payment of the up-front licence fee of EUR300 million on 21 November 2005, the Minister of Communications and Information Technology of the Islamic Republic of Iran has now formally issued the second GSM licence to IranCell, effective 27 November 2005. MTN, together with its local partners in IranCell, will now commence with the implementation of the extensive network roll-out in compliance with the licence conditions. Further information will be released in due course.
|
| |
|
Click here for original article |
|