Celtel International B.V.: June 2004 (A)

Case Solution

G. Felda Hardymon, Ann Leamon
Harvard Business School ()

It represents the choices faced by Mohammed Ibrahim, founder and president of Celtel International, the largest pan-African wireless operator, as he attempts to position his company for further growth. Should the company that had $ 1 billion in sales in six years go public, make a sale, or remain independent for a few more years? It describes the company’s success and challenges to date, the pros and cons of each option, and future financing opportunities.

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