Monday, July 06, 2009

Farewell Mobitelea

Contained in the fine print of the Vodafone 2009 annual report, is a note:

During the year ended 31 March 2009, under an agreement with Mobitelea Ventures Limited, the Group completed the purchase of a 5% indirect equity stake in Safaricom increasing the Group’s effective interest in Safaricom to 40%

9 comments:

kainvestor said...

would really like to know how much Mobitelea raked from this 'agreement'.

Anonymous said...

Bankelele: Asante sana - the transaction is complete.

PKW said...

Good to know.

odegle said...

would that explain the sudden rally?

chegepreneur said...

Explain Further

MainaT said...

Surprise!

Rafiki said...

Great find Banks, thanks! You're better than our local press.

inspectordanger said...

The transaction is worth 2.5 billion Kenyan Shillings.

bankelele said...

kainvestor: i'm sure vodafone will disclose

PKW: it was best to end it really

odegle: no i'd say the fatigue of zain

chegepreneur: how much more?

MainaT: no Surprise

Rafiki: it's all in the fine print

inspectordanger: i'd say 1/2 that

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