The Vietnamese took control of the Teleco ...
Bank of the Republic of Haiti (BRH) principal shareholder of the Telecommunications of Haiti SAM (TELECO) this Thursday to sign the Local Council for the Modernization of Public Enterprises (CMEP), documents that will enable the company to enter Vietnamese Viettel capital TELECO.
The contribution of U.S. $ 59 million Vietnamese will enable them to take control of 60% of the company that was in the time one of the leading companies in the country.
Negotiations between the BRH and Viettel under the CMEP took time and have experienced spectacular twists. At some point, many analysts believed that the interests of the firm's Asia South-East TELECO had blunt. Signed an initial agreement had even been postponed indefinitely.
After the earthquake of 12 January which was grounded TELECO, many buildings, including the historic headquarters of the institution at the Boulevard Jean-Jacques Dessalines collapsed and important installations were destroyed, while the everyone thought that was the end of the third after the privatization of Cement Milling and Haiti.
Haitian officials have persevered and this Thursday will see the signing of an agreement which marks a milestone in the telecommunications sector, with the arrival of a fourth player in a market dominated by Digicel, Here and Haitel.
According to reliable sources, the agreement on Thursday, however, is encumbered with a mortgage: Viettel requires TELECO back up and running so that the case is in the bag. The owner of TELECO will bring fresh funds to re-start the company.
Viettel will sign only then check his $ 59 million will acquire the company that had been promised before the earthquake, understands our source.
The Vietnamese Viettel telecom company, controlled by the Vietnamese army in a hurry Agency Viet Nam News, saw its profits increase after some investment in the Asian region in recent months. It is currently negotiating to buy a 60% share in the mobile phone network in Bangladesh, TeleTalk and 70 to 60% (the percentage depends on whether information comes from the Vietnamese or Haitian) Network Telecommunications SA Haiti. The total cost of investment for these two cases is estimated at 359 million dollars.
Viettel launched in February last year the network of mobile service in Cambodia Metfone. A month later, it launched together with the telephone company's Asian network Laos mobile Unitel in Laos. Currently, Unitel is the largest provider of telecommunications services in Laos.
0 comments:
Post a Comment