Angola’s Unitel interested in acquiring Guiné Telecom

17 March 2015

Unitel, a private telecommunications operator in Angola, is waiting for the launch of an international tender to submit an offer to buy Guinea-Bissau’s Guiné Telecom, a spokesperson said Monday in Bissau.

Eunice Lopes Esteves, chair of the Management and Company Restructuring Commission for Guiné Telecom (fixed line and network operator) and Guinetel (mobile operator), both majority owned by the state but bankrupt, said that the Angolan company had expressed interest in acquiring the first of the two companies.

The first conference on “Telecommunications in Guinea-Bissau,” an initiative that is to run until Thursday, was attended by some parties potentially interested in acquiring the two bankrupt companies, including companies from Ghana, China, South Africa, Romania and Law firms representing other interested parties.

“In 2011 there was specific interest from Unitel, and we made some contacts,” but now the Angolan company is awaiting clarification of the sector, because the sale of the companies “will be made ​​via international tender,” open to all interested parties, said Esteves, cited by Portuguese news agency Lusa. (macauhub/AO/GW)