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Posted on: Nov. 12, 2015, 5:31 p.m.
There is a new player in Kenya’s mobile space. Helios Investment Partners, a London-based private equity firm which focuses on African investments, has bought out Orange’s 70% stake in the Kenyan mobile operator Telkom. Orange faced similar challenges in Kenya. Safaricom, the market leader, has been so dominant that its competitors, including Orange, have complained that it has an unfair advantage in the country. And the decision by the regulator last year to allow Telkom’s rivals to buy assets from ... Full investment news article