MTN joins Millicom and Rocket Internet to build Africa’s leading Internet company
- Africa’s leading telecommunications firm MTN joins Millicom and Rocket Internet MTN’s into Africa Internet Holding (AIH), a leading internet group in Africa. The three partners will own one third of the company each upon closing. - The agreement exploits MTN’s and Millicom’s highly complementary footprints in Africa with over 220m customer relationships - The investment will fast track the development of AIH while ensuring the company is fully funded until break even. - Agreement paves way for growth of high profile brands such as Kaymu, Jumia, Lamudi, Jovago, Zando, Easytaxi and