Local newspaper reports said Safaricom, which is 40 percent owned by Vodafone , will get Yu's infrastructure such as base stations in a bid to improve the quality of its network.
Kenya's two biggest telecoms operators, Safaricom and the local unit of Bharti Airtel , have made a joint bid for the smallest operator, Indian group Essar Coomunications' Yu, the industry regulator said on Monday.
The Communications Commission of Kenya (CCK) said it had received applications from the firms to allow the transaction that will see Safaricom and Airtel spend a combined USD 100 million.
Also Read: Nigeria says fines Airtel, others for poor service
Local newspaper reports said Safaricom, which is 40 percent owned by Vodafone , will get Yu's infrastructure such as base stations in a bid to improve the quality of its network.
Meanwhile Airtel is expected to acquire the subscriber base that Yu has built up since entering the Kenyan market in 2008, said The Sunday Nation newspaper.
Bob Collymore, the chief executive of Safaricom, told Reuters they would make a formal announcement when the deal is finalised.
Bharti Airtel stock price
On February 24, 2014, Bharti Airtel closed at Rs 282.90, down Rs 5.3, or 1.84 percent. The 52-week high of the share was Rs 373.50 and the 52-week low was Rs 266.95.
The company's trailing 12-month (TTM) EPS was at Rs 14.07 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 20.11. The latest book value of the company is Rs 135.70 per share. At current value, the price-to-book value of the company is 2.08.
Anda sedang membaca artikel tentang
Airtel, Safaricom seek to buy Kenyan rival Essar's Yu
Dengan url
https://citraasa.blogspot.com/2014/03/airtel-safaricom-seek-to-buy-kenyan.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Airtel, Safaricom seek to buy Kenyan rival Essar's Yu
namun jangan lupa untuk meletakkan link
Airtel, Safaricom seek to buy Kenyan rival Essar's Yu
sebagai sumbernya
0 komentar:
Posting Komentar