Zambia, Mauritius firms form joint venture
Zambia’s
Copperbelt Energy Corp. Ltd (CEC) and Liquid Telecom of Mauritius on
Monday announced a joint venture company that will provide
telecommunication services in Zambia. CEC and Liquid Telecom will each
own 50 percent of the venture, to be called CEC Liquid
Telecommunications Ltd. The company will provide wholesale fibre optic
Internet services. “The transaction has been approved by the boards of
both companies,” a statement said. CEC, the largest supplier of power
to mines in Zambia, Africa’s top copper producer, owns and operates 540
km (335 miles) of optic fibre on power lines and 250 km in trenches.
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