Essar Telecom Kenya

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Essar hopes for Kenya telecom break-even next year

Essar's only telecom venture, Yu Telecom in Kenya, has raised its market share by eroding that of the market leader, Safaricom.The operator was acquired four years earlier by Essar, when the latter......

Essar group's investments make a killing

Essar Global Fund, the Ruia company that invested $1.3 billion in telecommunications, towers and business process outsourcing over the years, made $6.5 billion, a five-fold return, when it flipped......

Essar takes 51% stake in Uganda, Congo telcos

The Ruias' Essar Group is to acquire a 51 per cent stake in the telecom operations of the Dhabi Group, an investment company led by Abu Dhabi's royal family, in Uganda and Congo for around $150......

Essar to pay debt with Vodafone cash

The $5 billion cash that Essar would get from Vodafone may seem a windfall. In reality, the amount will be far less.Using its put option in the telecom Vodafone Essar joint venture as collateral,......

Essar plans port for its African steel plant

The Essar group is planning to expand its presence in the African continent by setting up a 10-million tonne (mt) port in Mozambique, at a cost of $275 million (Rs 1,496 crore). “As a group,......

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Essar Telecom Kenya

News for Essar Telecom Kenya

Essar hopes for Kenya telecom break-even next year

Essar group's investments make a killing

Essar takes 51% stake in Uganda, Congo telcos

Essar to pay debt with Vodafone cash

Essar plans port for its African steel plant

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