Madagascar’s AXIAN Telecom acquires Kenya’s Zuku operator Wananchi Group for $63m
The $63 million deal, completed through AXIAN’s fibre subsidiary Yas Telecom, gives the company a 99.63% stake in Wananchi Group (Holdings) Ltd. It marks AXIAN’s biggest step into Kenya, Tanzania, and Uganda, the region’s most competitive and promising internet markets.
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Madagascar’s AXIAN Telecom acquires Kenya’s Zuku operator Wananchi Group for $63m
The $63 million deal, completed through AXIAN’s fibre subsidiary Yas Telecom, gives the company a 99.63% stake in Wananchi Group (Holdings) Ltd. It marks AXIAN’s biggest step into Kenya, Tanzania, and Uganda, the region’s most competitive and promising internet markets.
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