Congo Court Appoints Administrator for Vodacom Partner CWN
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A Democratic Republic of Congo court temporarily replaced the chairman of Vodacom Group Ltd.’s minority partner in its Congolese mobile-phone operation, opening the way for a sale of the venture.
Alieu Conteh, the chairman and founder of Congolese Wireless Network SPRL, will be replaced for at least three months by accountant Mupepe Lebo, according to a Court of Appeals judgment e-mailed by Feruzi Kalume Nyembwe, a director of Keratsu Holding Ltd., which owns 19.6 percent of CWN. CWN owns owns 49 percent of Vodacom Congo SPRL.