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RCL and Bharti Airtel are set to enter the race to acquire a 26 per cent stake in state-owned Kenyan telecom operator Telekom Kenya.

News , April 15, 2007

RCL and Bharti Airtel are set to enter the race to acquire a 26 per cent stake in state-owned Kenyan telecom operator Telekom Kenya. The Kenyan government will sell the stake to a strategic equity partner through international bidding, expected to begin on April 25. According to sources, the stake is worth $1.5-$2 billion. Telekom Kenya has about 300,000 fixed line subscribers and a combined average revenue per user of $40 per month.

 
 

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