Houthi terrorists to buy MTN telecom company in Yemen, activist claims

Houthi terrorists to buy MTN telecom company in Yemen, activist claims

A Yemeni activist has claimed that the "final touches in the negotiations to sell MTN's Yemen branch to the Houthi guerilla-affiliated Holding Company."

Mohammed al-Mohaymeed said in an article many Yemeni news websites published that the telecommunications operator in Yemen MTN is "part of the South African multinational mobile telecommunications company" and the (Yemeni) foreign and telecommunication ministers should address the government of South Africa and the main administration to halt this transaction given that the Houthis are an outlawed, terrorist group."

Al-Mohaymeed said the market value of the company is $1 billion dollars, but the Houthi Holding Company for Investment will buy it for only $150 million."

The Shia terrorist network operates most of Yemen's telecommunication system in the country  which has been giving them leverage in the battlefield, such as to locate assassination  targets individually and en mass.

They also use the revenues and taxes from companies in Sana'a t finance their incessant war in Yemen.

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