Etisalat weighs investment in Vodafone’s African business

Emirates Telecommunications Group Co. is examining a possible investment in Vodafone Plc's African business - seeking to advance its global footprint.
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By Dinesh Nair, Vinicy Chan and Loni Prinsloo

A Vodacom logo sits on display outside the Vodacom World mall, operated by Vodacom Group Ltd., in the Midrand district of Johannesburg, South Africa, on Thursday, Feb. 2, 2017. Vodacom, which is 65 percent owned by Newbury, England-based Vodafone and the South African market leader by subscriber numbers, is expanding its internet offering to offset falling voice revenue.

Emirates Telecommunications Group Co. is exploring a potential investment in Vodafone Plc's African business as it seeks to boost its international footprint, people familiar with the matter said. 

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