Safaricom looks to raise US154M - Mobile World Live

Safaricom looks to raise US154M

26 OCT 2009

TeleGeography reports that Kenya’s leading mobile operator by subscriptions, Safaricom, has announced its intention to raise KES12 billion (US$154 million) in phases over the coming year to fund its continual network expansion drive. The first phase will take place over the next three months and is hoped to raise US$64 million.

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