Case | HBS Case Collection | March 2005 (Revised July 2006)

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

by G. Felda Hardymon and Ann Leamon


Depicts the options facing Mohammed Ibrahim, founder and chairman of Celtel International, the largest pan African wireless telecommunications provider, as he tries to position his company for further growth. Should the firm, which has reached $1 billion in revenues in six years, strive for an IPO, trade a sale, or continue as an independent for a few more years? Outlines the company's success and challenges thus far, the benefits and disadvantages of each option, and future funding possibilities.

Keywords: Business Growth and Maturation; Wireless Technology; Growth and Development Strategy; Telecommunications Industry; Africa;


Hardymon, G. Felda, and Ann Leamon. "Celtel International B.V.: June 2004 (A)." Harvard Business School Case 805-120, March 2005. (Revised July 2006.)