- Investment Year
- 1997
- Exit
- 2005
- Sector
- Mobile/Communications
- 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.