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YUMOBILE KENYA
Airtel Kenya to pay local regulator $17.5 mn in out-of-court settlementUnder the settlement pact terms, Airtel Kenya will pay $17.5 million to the Kenyan telecoms regulator for its licence renewal. The payment ...- Bharti Airtel receives regulatory nod to buy Millicom's Rwanda unitThe Sunil Mittal-led mobile carrier said Wednesday it had received approval from the Rwanda Utilities Regulatory Authority (RURA) to acquir...
- Bharti Airtel signs agreement to buy Millicom's operations in RwandaThe consideration for the transaction is based on approximately 6x EBITDA multiple, payable over two years, the carrier said in a statement...
- Kenya court exempts Airtel from $20m payment to regulatorThe operator said it had paid almost $7 million in fees to buy Essar Telecom Kenya's spectrum and operating licenses.
- yuMobile customers join AirtelThe process, which started last August, has seen the 2.55 million yu-Mobile customers get integrated into the Airtel network.
- Essar completely exits telecom business after monetising $6 billionThe deal is part of EGFL's strategy to monetise global telecommunications portfolio at a value of over USD 6 billion, the statement said.
- Airtel, Safaricom bid for Essar Kenya may be approved by DecemberThe joint bid of Safaricom and Bharti Airtel to buy the telecom business of Essar in Kenya is likely to get the final approval of authoriti...
- Essar sells telecom business in Kenya for $ 120 millionThe divestment will see Safaricom take over Essar Telecom's network, IT and office infrastructure while Airtel will acquire the company's s...
- Kenya regulator approves Yumobile sale to Safaricom and AirtelKenya’s telecom regulator is learnt to have approved Yumobile’s sale to Safaricom and Airtel, subject to certain conditions
- Airtel, Safaricom get conditional nod to buy Kenya's yuMobileKenya's telecom regulator has conditionally allowed the nation's leading operator Safaricom and a unit of India's Bharti Airtel to acquire ...
- Delay in nod to buy Essar’s assets concerns SafaricomThe transaction is still intact. We’re hoping the regulatory approval process gains traction,” Madhur Taneja told ET.
- Bharti Airtel, Safaricom deal with Kenya's Yumobile in doubtSafaricom is anxious and concerned about the delay in getting regulatory approval for its proposed deal to buy the assets of Essar Telecom ...
- Bharti Airtel, Kenya’s telco Safaricom bid for licences and 2.7 million customers of YumobileIn an application to the Kenyan telecom regulator CAK, Yumobile said that it intended to transfer its part of the business in the company.
- Sensex off highs, Nifty tests 6300; Top ten stocks in focusThe 50-share Nifty index slipped below its crucial psychological level of 6,300 in trade as investors preferred to book profits after sharp...
- Ten stocks in focus in Wednesday morning tradeIndian markets are expected to trade in a range. Here is a list of ten stocks which are likely to be in focus in trade today.
- Essar Telecom to sell Kenya business for $100 million; Airtel eyes customersEssar Telecom is now in talks to sell its Kenya business to Indian telecom major Airtel and Kenya's leading operator Safaricom for about $1...
- Essar Telecom in talks with investors to fund Kenya operationsEssar Telecom Kenya, which operates under the Yu Mobile brand, said that it was in talks with investors to expand its 3G presence.
- Tata Communications, yuMobile ink strategic sourcing dealTata Communications and Essar Telecom Kenya (yuMobile), a unit of Essar Group, announced a strategic sourcing agreement.
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