Essar Telecom Kenya

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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 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 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,......

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,......

Are you ready for M-banking?

Airtel, Vodafone and Idea are rolling out mobile banking services, but it remains to be seen how the concept catches up with consumer interest in 2011.Mobile phone penetration is set to reach 60......

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Essar Telecom Kenya

News for Essar Telecom Kenya

Essar group's investments make a killing

Essar hopes for Kenya telecom break-even next year

Essar plans port for its African steel plant

Essar to pay debt with Vodafone cash

Are you ready for M-banking?

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