Essar Archives - Mobile World Live


Safaricom gets green light for Essar deal

Kenyan operator Safaricom received the green light to complete its $80 million purchase of various …

Safaricom, Airtel close in on Essar Kenya takeover

The joint bid by Airtel and Safaricom for Essar Kenya has been given preliminary approval …

Essar agrees $120M sale of Kenyan mobile operator to Safaricom, Airtel

India’s Essar Telecom agreed to sell its yuMobile business – the third-largest mobile operator in Kenya …

Safaricom, Airtel get go-ahead for Yu; tough conditions attached

The Communications Authority of Kenya (CAK) finally approved a bid by Safaricom and Airtel to …

Bharti chairman is summoned to appear in court

Sunil Mittal (pictured), the chairman of Bharti Airtel, India’s largest mobile operator, has been ordered …

Reports: Essar to protest Voda stake sale

Vodafone’s US$5 billion buy-out of its Indian partner Essar looks set to run into difficulties, according to Indian press reports this week

Vodafone buys out Essar for US5B

Vodafone is to pay US$5 billion to buy the 33 percent stake held in its Indian mobile arm by local partner, Essar, reports the Financial Times.

Report: Voda Indian towers sale postponed due to Essar spat

The ongoing spat between Indian JV partners Vodafone and Essar has led to the mobile operator postponing plans to sell-off some 7,000 towers across seven circles, according to sources at India’s Economic Times newspaper.

Indian mobile tower sector set for further shakeup

India’s mobile tower sector is set to see its second major acquisition this year, according to reports, with US mobile mast operator American Tower expected to announce as early as today a deal to buy all the tower assets of Indian industrial group Essar for US$450 million.

Vodafone confirms Indian tower deal

Vodafone has confirmed previous speculation reported by Mobile Business Briefing that it is to extend its strategy in India by teaming up with other local operators to create a joint venture to operate its networks.