The Kenyan government has reportedly imposed conditions on the sale of a 15% stake in Safaricom to South Africa-based Vodacom Group aimed to making sure Safaricom retains its local identity.
Vodacom Eastern Cape will invest more than ZAR400 million (US$22 million) in its network this financial year to expand coverage, boost capacity and extend connectivity to rural communities across the province.
Bharti Airtel subsidiary Bharti Hexacom has reportedly postponed the sale of 3,400 telecoms towers to Indus Towers pending a new valuation of the deal requested by Hexacom’s minority shareholder Telecommunications Consultants India Ltd (TCIL).
Indian operator Vodafone Idea finally has some good news to celebrate after a reported gain in subscriber numbers and a potentially positive outcome in its pursuit of relief from AGR debt demands. But will this good fortune last?