Edition: International
Products
0
Sections
Subscriptions
:
:
:
:
:
:
Subscriptions
Wireless

Vidatel loses court appeal over Unitel

Thursday 28 January 2021 | 14:51 CET | News
Angolan company Vidatel, owned by Isabel dos Santos, has lost an appeal before the Paris Court of Appeal, following litigation regarding operator Unitel, reports Expresso. This means that the Angolan businesswoman will have to pay USD 339.4 million in compensation to PT Ventures (PTV), owned by Sonangol. The appeal followed a ruling in favour of PT Ventures in February 2019 by the International Chamber of Commerce for PT Ventures.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: PT / Unitel
Countries: Angola
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Isabel dos Santos loses control of Unitel stake
Published 08 Dec 2020 14:41 CET | Angola
Angolan businesswoman Isabel dos Santos, who owned 25 percent of operator Unitel, via Vidatel, has lost control of that company, ...

Sonangol confirms interest in buying Oi's stake in Unitel
Published 06 Jan 2020 11:26 CET | Angola
Unitel has four shareholders, each with a 25 percent stake: Geni (owned by General Leopoldino do Nascimento), Vidatel (owned by ...

Sonangol to offer Unitel shareholders stake ahead of tender
Published 14 Aug 2019 15:14 CET | Angola
Unitel's shareholders will be able to exercise their right of first refusal for Sonangol's 25 percent stake if the company ...

Sonangol to sell 25% stake in Unitel
Published 19 Nov 2018 11:17 CET | Angola
Angolan oil company Sonangol will sell its 25 percent stake in the country's largest telecom operator Unitel. The announcement ...





Related Info

Isabel dos Santos loses control of Unitel stake
8 Dec 2020 | Angola | News
Sonangol confirms interest in buying Oi's stake in Unitel
6 Jan 2020 | Angola | News
Sonangol to offer Unitel shareholders stake ahead of tender
14 Aug 2019 | Angola | News
Sonangol to sell 25% stake in Unitel
19 Nov 2018 | Angola | News

Calendar   /   Industry Events

27 Jan Uptime
28 Jan Samsung Electronics Q4 2020
28 Jan Crown Castle Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan 8x8 fiscal Q3
29 Jan Airtel Africa Q4 2020
29 Jan LG Electronics Q4 2020
29 Jan Charter Communications Q4 2020
29 Jan Ericsson Q4 2020
29 Jan Telia Q4 2020
29 Jan NEC fiscal Q3
01 Feb Cirrus Logic Q3
01 Feb On Semiconductor Q4
01 Feb NXP Semiconductors Q4 2020
01 Feb Harmonic Q4 2020
02 Feb Lumentum fiscal Q2
02 Feb Amazon.com Q4 2020
02 Feb Alphabet Q4 2020
02 Feb Viavi fiscal Q2
02 Feb FireEye Q4 2020
02 Feb Telenor Q4 2020
02 Feb Vodacom fiscal Q3
02 Feb Tele2 Q4 2020
03 Feb Turk Telekom Q4 results
03 Feb Qualcomm fiscal Q1
03 Feb Aviat Networks fiscal Q2
03 Feb Adtran Q4
::: More Calendar Items
Twitter ::: follow Telecompaper on Twitter ::: follow
Facebook ::: like Telecompaper on Facebook ::: like
LinkedIn ::: connect with Telecompaper on LinkedIn ::: connect
Free Headlines ::: subscribe now