One thing that ids clear is that the Zambian Government will retain 25% ownership of Zamtel; whether this will also be sold in the end is not as yet certain. In this respect, the opposition parties in Zambia may obtain some solace as they wanted more Zambian ownership of Zamtel. A retention of equity would be preferable to a full sell-off.
* Zamtel holds a monopoly of fixed-line communication in Zambia. Last year its revenue for voice and data was roughly US$100 million.
