This feasibility study examines private equity investment opportunities in the African telecom sector. It was conducted by Apurva Chiranewala, Manoj Balaji, Monita Anand, and Sunitha Suresh for their Global Masters in Business Administration program at S.P. Jain Center of Management. The study received certification on November 18, 2007 that it represents the original work of the students and is suitable to partially fulfill the requirements for their degree.

1. Feasibility Study: Private Equity
Investment Opportunities in the African
Telecom Sector
By
Apurva Chiranewala
Manoj Balaji
Monita Anand
Sunitha Suresh
S.P. Jain Center of Management
18 Nov 2007

2. 2|P ag e Special Group Project
CERTIFICATE
This is to certify that the project titled “Feasibility Study of private equity investments in
telecom sector in Africa” submitted in partial fulfilment of the requirement for the award of
degree Global Masters in Business Administration is a record of the candidate‟s own work
carried out by him/her under my/our supervision. The method embodied in the thesis is
original and has not been submitted for the award of any other degree.
Date: November 18, 2007