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Bharti Airtel in talks to acquire Telkom Kenya

14 Jan 2019 Evaluate

Bharti Airtel is in talks to buy Telkom Kenya, the East African nation's smallest telecoms operator, to create a stronger challenger to market leader Safaricom. Helios Investment, which owns 60 percent stake in Telkom, is looking to partly cash out of the investment which it entered in 2015.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1741.00
Vodafone Idea 12.65
Indus Towers 376.00
Tata Communications 1685.50
Railtel Corp. India 257.20
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