Equity-I, a private equity house in the UAE, is in the process of finalizing its Board of Advisors, expected to be a cherry-picked group of industrialist, world-renowned private equity experts, international diplomats, and key-sector specialists. The complete Board of Advisors will be announced in late September 2007.
Private equity house Equity-I is said to be actively seeking GSM and CDMA African licenses. “We are currently looking at seven opportunities and will be entering into exclusive due diligence periods over the next few months”, the source was quoted as saying. Equity-I is also understood to be in late negotiations on a sub-sahara telecom [...]