0
Wireless

Bharti Airtel in talks on a potential takeover of Telkom Kenya - report

Monday 14 January 2019 | 14:38 CET | News
Bharti Airtel is in talks about a potential takeover for Telkom Kenya, Reuters reported citing three telecoms industry sources. Helios Investment, which owns a 60 percent stake in Telkom, was looking to partly cash out of the investment which it entered in 2015, the sources said. Airtel and Telkom were not available for immediate comment. Airtel is currently Kenya's second-biggest telecoms operator, with Telkom at number three.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Bharti Airtel / Telkom Kenya
Countries: Kenya
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telkom, Airtel to finalise merger by December

Published 17 Apr 2019 14:08 CET | Kenya
The merger between Telkom and Airtel Kenya is expected to complete by the end of the year, The Star reported. Telkom MD Kris ...

Airtel collaborates with Zoom to launch UC platform for businesses

Published 06 Mar 2019 15:44 CET | India
Bharti Airtel teamed up with Zoom Video Communications to launch an integrated and secure platform for HD audio, video and web ...

Bharti Airtel offers more data in prepaid packs for buyers of Xiaomi Redmi Note 7 series

Published 04 Mar 2019 15:46 CET | India
Bharti Airtel launched a special offers with Xiaomi that include larger data bundles and other exclusive benefits for customers ...

Telkom Kenya hives off fibre network and property from merger with Airtel

Published 12 Feb 2019 12:26 CET | Kenya
Telkom Kenya has hived off its fibre network business in the ongoing merger with Airtel to give the government a secure ...

Airtel Kenya signs agreement with Telkom Kenya to combine operations

Published 11 Feb 2019 09:32 CET | Kenya
Airtel Kenya has announced that it has signed an agreement with Telkom Kenya to merge their respective mobile, enterprise and ...

Helios Towers acquires controlling interest in SA Towers

Published 21 Jan 2019 09:11 CET | South Africa
Helios Towers said that it has signed an agreement to acquire a controlling interest in SA Towers and fund its future roll-out. ...

Safaricom overdraft service reaches 1 mln users in 8 days, CEO would welcome any Telkom takeover by Airtel

Published 18 Jan 2019 10:03 CET | Kenya
Safaricom has signed up 1 million users for the overdraft feature on the M-Pesa platform in the eight days since its launch, ...

Telkom Kenya to invest KES 1 bln in mobile and FTTB networks

Published 17 Jan 2019 11:24 CET | Kenya
Telkom Kenya said it will dedicate KES 1 billion to the expansion and optimisation of its 4G and 3G networks to improve ...