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Safaricom forms Vodafamily Ethiopia Holding

Wednesday 26 May 2021 | 10:10 CET | News
Kenyan operator Safaricom has disclosed the exact ownership structure of the consortium that on 22 May won a licence to enter the Ethiopian market at a cost of USD 850 million. Safaricom has formed Vodafamily Ethiopia Holding Company, a firm incorporated in the UK and in which Safaricom owns a 90 percent stake. The special purpose vehicle (SPV) is also owned by Vodacom International with 10 percent and a single share held by Vodafone International Operations.

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Categories: Mobile & Wireless
Companies: Safaricom / Sumitomo / Vodacom / Vodafone
Countries: Ethiopia
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