Celtel

Revolutionized mobile telephony in Africa

In the 1990s, Africa lacked telecom infrastructure despite a huge demand for the service. International telecom companies were hesitant to invest in Africa due to perceived risks in the region. Celtel was founded in 1998 to provide low-cost telephony to populations of Africa. The company offered the largest contiguous GSM cellular network in terms of geographic coverage Read more
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Celtel (divested) was a portfolio company of Strategy: ZM Africa. The strategy made private equity investments in South Africa and the Southern African Development Community (SADC) region.

Note: The portfolio companies showcased on this page are illustrative examples of the portfolio holdings for the various Zephyr Strategies.