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Telecommunications · Historical mobile-network holding company

Investcom

Dubai and London-listed telecommunications company acquired by MTN Group for US$5.5 billion in 2006.

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Investcom was a telecommunications group with operations across Africa and the Middle East. MTN acquired all its issued capital in 2006. [1]

History

MTN announced a cash-and-shares offer in May 2006. Shareholders approved the US$5.5 billion transaction in June. [1]

The acquisition became wholly unconditional on 4 July 2006. Investcom was delisted from Dubai and London in August. [1]

Frequently asked questions

Who bought Investcom?

MTN Group acquired Investcom in 2006. [1]

What did MTN pay?

The total consideration was US$5.5 billion in cash and shares. [1]

Does Investcom remain separately listed?

No. It was delisted in August 2006 after MTN acquired it. [1]

Key milestones

  1. MTN made the formal offer. [1]

  2. The acquisition became wholly unconditional. [1]

  3. Investcom was delisted. [1]

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Sources

  1. MTN Group, Integrated business report for the year ended 31 December 2006, 2006-12-31. Original source. Accessed 2026-10-27. ↩