Helios Investment Partners

Orange sells stake in Kenyan operator to Helios

Orange has struck deal to sell a 70% stake in Telkom Kenya to Helios Investment Partners. Telkom Kenya is the country’s incumbent fixed-line operator and third-largest mobile network provider. The company had four million mobile customers at the end of June, according to figures published by the regulator. It also operates what Orange describes as a […]

Wananchi raises US$130 million for East, South African expansion

African pay TV and broadband operator Wananchi Group has closed a US$130 million (€104 million) round of funding to fund “growth and expansion in East and Southern Africa.” The investment was co-led by existing Wananchi shareholders, including major cable firms Liberty Global and Altice, African private equity firm Emerging Capital Partners, Mauritius-based ATMT and new […]