Bharti Airtel set to acquire Telkom Kenya

January 15, 2019
1 min read

Indian telecommunications services company, Bharti Airtel is in acquisition talks with Kenya's Telkom Kenya.

With nearly 500 million subscribers, New Delhi-based Bharti Airtel is the second largest mobile network operator in India and the third largest mobile network operator in the world. It has operations in 20 Asian and African market; with the brand name 'Airtel' in some.

Telkom Kenya on the other hand is a public private partnership telecommunications company owned by Helios and the Kenyan government.

According to reports, the acquisition of Telkom Kenya is expected to give Bharti Airtel a solid footing in the East African region and generally improve its valuation in the continent ahead of its initial public offering (IPO).


The IPO was somewhat delayed around late last year due to some issues, but kicked back up into full force with the appointment of global banks including JP Morgan and Goldman Sachs to prepare.

With Telkom Kenya in the bag, Bharti Airtel is well on its way to a healthy IPO outing.

tech. media. startups. africa. vc | Twitter: @victor_ekwealor
tech. media. startups. africa. vc | Twitter: @victor_ekwealor
Subscribe To Techpoint Digest
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

tech. media. startups. africa. vc | Twitter: @victor_ekwealor

Other Stories

43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved