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Econet buys Neotel for R6.5 billion

By Bekithemba Ndebele Another telecomunication deal have been signed between the Tata Communications and the Liquid Telecom which its majority shares are owned by Econet Wireless Global. The Liquid Telecom agreement has been silled that the entity will buy Neotel for a payment of R6.55 billion to Tata Communications for South African Internet-service provider. Neotel is expected to create…