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Celtel Africa Challenge
Celtel was a telecommunications company that operated in several African countries. It was founded by Sudanese-born Mo Ibrahim. History Originally known as "MSI Cellular Investments", the company began operating in 1998. In January 2004, the company name was changed to "Celtel International". In April 2005 the company was acquired by and became a subsidiary of Zain (formerly the Mobile Telecommunications Company). At the time it was purchased by Zain in April 2005, Celtel had about 24 million subscribers in 14 African countries. On 8 June 2010 the company was purchased by Bharti Airtel from Zain. On 22 November 2010, it was rebranded as 'Airtel'. One Network In September 2006 Celtel launched "One Network", the world's first borderless network across East Africa, this was possible due to the Gateway license for Data which Kenya Data Network had acquired. KDN provided Celtel with a cross border link to Uganda and with trunk capacity to Belgacom. With these links Celtel was no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecommunications Companies Established In 1998
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of transmission may be divided into communication channels for multiplexing, allowing for a single medium to transmit several concurrent communication sessions. Long-distance technologies invented during the 20th and 21st centuries generally use electric power, and include the telegraph, telephone, television, and radio. Early telecommunication networks used metal wires as the medium for transmitting signals. These networks were used for telegraphy and telephony for many decades. In the first decade of the 20th century, a revolution in wireless communication began with breakthroughs including those made in radio communications by Guglielmo Marconi, who won the 1909 Nobel Prize in Physics. Other early pioneers in electrical and electroni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Amsterdam
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airtel Africa
Airtel Africa plc is a British company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa. Airtel Africa is majority owned by the Indian telecommunications company Bharti Airtel. Airtel Africa offers mobile voice and data services as well as mobile money services both nationally and internationally. Airtel Nigeria is the most profitable unit of Airtel Africa, due to its cheap data plans in Nigeria. As of March 2019, Airtel had over 99 million subscribers in the continent. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History MTN Group merger negotiations In May 2008, it emerged that Airtel was exploring the possibility of buying the MTN Group, a South Africa-based telecommunications company with operations in 21 countries in Africa and the Middle East. ''The Financial Times'' reported that Bharti was considering offering US$45 billion for a 100% stake in M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Telephony In Africa
Mobile technology in Africa is a fast growing market. Nowhere is the effect more dramatic than in Africa, where mobile technology often represents the first modern infrastructure of any kind. Over 10% of Internet users are in Africa. However, 50% of Africans have mobile phones and their penetration is expanding rapidly. This means that mobile technology is the largest platform in Africa, and can access a wide range of income groups. AppsAfrica reports Mobile App downloads has surpassed 98 billion which is a very huge benefit for mobile app developers in Africa. As a consequence of the wider availability of mobile telephony with respect to fixed telephony, in many African countries, most Internet traffic goes through the mobile network. An example is Seychelles, that is the African country with a larger percentage of Internet subscribers, where most Internet users access the net through the mobile network. Growth of mobile telephony in the 2000s Several factors contributed to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York University
New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational Christianity, non-denominational all-male institution near New York City Hall, City Hall based on a curriculum focused on a secular education. The university moved in 1833 and has maintained its main campus in Greenwich Village surrounding Washington Square Park. Since then, the university has added an engineering school in Brooklyn's MetroTech Center and graduate schools throughout Manhattan. NYU is one of the largest private universities in the United States by enrollment, with a total of 51,848 enrolled students in 2021. It is one of the most applied-to schools in the country and admissions are considered selective. NYU's main campus in New York City is organized into ten undergraduate schools, including the New York University College ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JSE Limited
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$2.35 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nation Media Group
Nation Media Group (NMG), formerly known as East African Newspapers (Nation Series) Ltd, is an East African media group based in Kenya and listed on the Nairobi Stock Exchange. It is owned by Aga Khan IV. History NMG was founded in 1959 by Aga Khan IV as East African Newspapers (Nation Series) Ltd, under the Aga Khan Fund for Economic Development. In 1999, NMG launched NTV, a news channel in Kenya, and Easy FM (now known as Nation FM). Media outlets As of 2007 the group was the largest private media house in East and Central Africa, with offices in Kenya, Uganda, and Tanzania. The group publications include: * '' The EastAfrican'' * '' Daily Nation'' * ''Business Daily Africa'' * ''Daily Monitor'' * '' The Citizen'' * ''NMG Investor Briefing'' * '' Taifa Leo'' * ''Zuqka''. The ''Daily Nation'' and its Sunday edition, the ''Sunday Nation'', celebrated their 50th anniversaries in 2010, branded by the Nation Media Group as "50 Golden Years". Regional Presence NMG owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
