June 2009
The Firm represents the buyer in a $200 Million acquisition of controlling equity stakes in the capital of five companies that own and operate GSM licenses in Tanzania, Cambodia, Uganda, Burundi and Malawi. AJA conducted a legal due diligence on the target companies as well as an assessment of the regulatory framework governing the ownership and operation of GSM licenses in African countries, and advised on the corporate and tax structuring of the acquisition. AJA also assisted the client in the negotiations with the relevant telecoms regulatory authorities.