is still operated in Africa today by Bharti Airtel in association with Zain and Cell C. Acquisition On 29 March 2005, Zain Group, then known as Mobile Telecommunications Company (MTC), announced that it would acquire 85% of Celtel International for US$2.84 billion with the option of acquiring the remaining 15% after two years for US$520 million. This acquisition dampened the thought that the Pan-African mobile communications group would list its stock on the London and Johannesburg Stock Exchanges through an IPO. 1 August 2008 saw the entire African operations of Celtel being rebranded from Celtel to Zain. This marked the end of the Celtel brand. See also Mobile telephony in Africa Bharti Airtel Airtel Africa Zain Celtel Africa Challenge References External links Zain Home Page Airtel Homepage Companies based in Amsterdam Telecommunications companies of the Netherlands Telecommunications in Africa Telecommunications companies established in 1998 1998 establishments in Kenya fr:Celtel