Safaricom

Essar completely exits telecom biz after monetising $6 bn

By selling off yuMobile in Kenya to Bharti Airtel and local operator Safaricom, Essar Thursday marked its exit from telecom business globally and completed monetisation in the segment for USD 6 billion.

Jan 15, 2015, 17:21 PM IST

Airtel, Safaricom bid for Essar Kenya may be approved by Dec

Bharti Airtel and its African partner Safaricom hope to conclude acquisition of Essar Telecom's Kenya business by year end as they won preliminary regulatory approvals for the deal.

Oct 08, 2014, 20:10 PM IST

Essar sells telecom business in Kenya for $120 million

Essar on Saturday said it has sold its telecom business in Kenya to Safaricom and Airtel for approximately USD 120 million.

Aug 30, 2014, 20:23 PM IST