China Unicom buys Nigeria telecom carrier 2.5 billion dollars

Domestic telecom operators are stepping up their efforts to expand overseas markets. Yesterday, a source said, China Unicom led by the consortium to spend 2.5 billion U.S. dollars (about 16.5 billion yuan 9001.html "> RMB) Acquisition of http://www.aliyun.com/zixun/aggregation/35324.html" > Nitel, a state-owned telecoms operator in Nigeria, became the second domestic operator to enter overseas markets following China Mobile.

China Unicom said the group had no official response to the rumours, or the announcement in February. However, it was reported that Nigerian President Goodluck had approved the deal and asked the consortium to pay a 750 million-dollar bid bond within 10 days and pay the remaining 1.75 billion dollars within 60 days.

In recent years, the domestic telecommunications market competition intensified, operators have acquired through acquisitions to strengthen their own strength, overseas markets is also an important area for future expansion. China Mobile, which has acquired Pakistan Telecom and Taiwan Telecom in China, has been a competitor and will not lag behind. It is reported that Nigeria is one of the world's fastest growing telecommunications market, before the telecommunications market has been monopolized by Nitel.