India’s Bharti Airtel in talks to buy Telkom Kenya

Looks like it’s soon going to be a two horse race for mobile subscribers…

India’s Bharti Airtel is in talks to buy Telkom Kenya, the country’s
smallest telecoms operator, to create a stronger challenger to market
leader Safaricom, three industry sources told Reuters on Monday.

London-based Helios Investment, which owns a 60 percent stake in Telkom, is
looking to partly cash out of the investment which it entered in 2015, the
sources said.

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