Russia’s Altimo in Zamtel bid

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04 January 2010

Russian investment group Altimo was five minutes late to bid for Zambia’s Zamtel but has been confirmed as a bidder

Comment: Altimo, now at peace with that other international investor from northern Europe, Telenor, is looking far afield for growth opportunities. Its home market is close to saturation. Moscow-based telecoms investment company Altimo has joined the list of bidders for a...

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