Orange sells Telkom Kenya to private investment firm
10 November 2015, 09:34
Paris -French telecoms giant Orange said on Monday it had sold its 70 percent stake in Telkom Kenya to UK private investment firm Helios Investment Partners.
It gave no financial details.
Telkom Kenya is Kenya's historic fixed-line operator and the country's third-largest mobile phone operator.
Orange bought a controlling 51-percent stake in the company in 2007 for $390 million (362 million euros).
For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!