Celtel International (acq. by MTC Kuwait)
Investment Year
1997
Exit
2005
Sector
Geography
Emerging Markets
Website
www.celtel.com

Celtel International (acq. by MTC Kuwait)

Celtel is the largest pan-African wireless cellphone operator. BVP's Felda Hardymon participated in the seed and subsequent rounds as Celtel became a market leader in many of its 13 countries of operation. In March 2005, it was acquired by MTC Kuwait, a publicly held telecommunications company serving the Middle East.