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Vodacom takes the reins at Safaricom in R35-billion deal
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Vodacom takes the reins at Safaricom in R35-billion deal

eriinfo.com1 week ago05 mins

Giraffe against the Nairobi skyline in Kenya Vodacom Group has completed the acquisition of an additional 20% effective interest in Safaricom, lifting its holding in the Kenyan operator from about 35% to roughly 55% and handing the South African group majority control for the first time since Safaricom listed in 2008. The transaction closed after…

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MTN to buy back its own cellular towers in R35-billion deal
  • Tech

MTN to buy back its own cellular towers in R35-billion deal

eriinfo.com5 months ago05 mins

MTN Group CEO Ralph Mupita MTN Group has agreed to acquire the shares in IHS Towers that it does not already own, in a deal that would see Africa’s largest mobile operator take full control of nearly 29 000 towers across the continent – effectively reversing years of selling off its passive infrastructure. The IHS board…

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