Essar Kenya Archives

Mobile operator Telkom Kenya has named Sundararaman Pattabiraman as its new CFO, succeeding François Bresson. He joins from rival Safaricom, which is partly owned ...

Kenya regulator green-lights Yu Mobile sale

byConnectivity Business

March 27, 2014

The Communications Commission of Kenya (CCK) has granted conditional approval to the sale of Yu Mobile's assets to its larger wireless ...

Safaricom, Airtel confirm interest in Yu assets

byConnectivity Business

March 4, 2014

Kenya’s two largest mobile operators are looking to buy the assets of struggling rival Essar Telecom Kenya (Yu Mobile). A ...

Yu Mobile to stop operating

byConnectivity Business

March 2, 2014

Struggling player Essar Telecom Kenya (Yu Mobile) has applied to the Communications Commission of Kenya (CCK) for approval to sell ...

Essar Kenya looking to sell stake for US$100m

byConnectivity Business

January 28, 2014

Mobile operator Essar Telecom Kenya (Yu Mobile) is reportedly planning to finalise the sale of a stake in the company ...

Kenya’s Yu Mobile seeks strategic investors

byConnectivity Business

June 11, 2013

Mobile operator Essar Telecom Kenya (Yu Mobile) is looking for strategic investors to inject cash in the company in order ...

Essar Kenya gets US$150m capital injection from parent

byConnectivity Business

February 6, 2013

Mobile carrier Essar Kenya has received a Sh13.05bn (US$150m) capital injection from its parent company, India’s Essar Group, to pay ...

Essar Kenya looks to secure US$200m loan

byConnectivity Business

October 21, 2012

Essar Kenya is looking to borrow up to US$200m (Sh16.8bn) in order to finance further technology investments and expansion. The ...

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Tag: Essar Kenya

Telkom Kenya picks industry veteran Sundararaman Pattabiraman as new CFO

Kenya regulator green-lights Yu Mobile sale

Safaricom, Airtel confirm interest in Yu assets

Yu Mobile to stop operating

Essar Kenya looking to sell stake for US$100m

Kenya’s Yu Mobile seeks strategic investors

Essar Kenya gets US$150m capital injection from parent

Essar Kenya looks to secure US$200m loan

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