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General

CA says not aware of Orange Kenya sale

Tuesday 24 November 2015 | 09:35 CET | News
The Communication Authority said it had not received any formal communication from Orange about the pending sale of a 70 percent stake in Orange Kenya to Helios Investment. CA director general Francis Wangusi said the regulator only read reports in the local daily about the sale, but has not officially received a request to approve the sale of Orange. He said Orange was probably finalizing the internal mechanisms and would then come to CA. Orange Group, which is based in France, announced earlier in November that it had signed a binding agreement with Helios Investment Partners for the sale

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Categories: General
Companies: Orange Kenya
Countries: Kenya
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