The fate of MedCable unresolved following sale of Djezzy by VEON

The fate of MedCable unresolved following sale of Djezzy by VEON

Alcatel built the submarine cable linking Marseille to Algiers in 2005 for use by the Algerian mobile operator.

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            ▪ The fate of MedCable unresolved following sale of Djezzy by VEON

▪ Alcatel built the submarine cable linking Marseille to Algiers in 2005 for use by the Algerian mobile operator.

https://www.africabusinessplus.com/en/812912/the-fate-of-medcable-unresolved-following-sale-of-djezzy-by-veon/

On 5 August, the Dutch-based VEON telecom group announced the sale of 46% of the capital held in the operator Djezzy to the Algerian National Investment Fund (FNI). With 14.5 million customers, Djezzy is number two in the local mobile market.

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