04.10.2010 - Court to look at sale of Zambian phone company
From Nytimes.com: Residents of Lusaka, the capital of Zambia, have been grumbling that since a Libyan state company took over the domestic phone company this summer, it is harder than ever to place a call. To be fair, itís early days for the Lap Green Network, the new owner, which is promising significant investment. In June, Lap Green ó part of the Libyan sovereign wealth fund ó bought 75 percent of Zamtel, the ailing Zambian telecommunications company, for $257 million..............................................Full Article: Source
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