Articles tagged with: Maroc Telecom and Safaricom

Safaricom Shares Surge As Trading Starts in Nairobi

Shares in the massively oversubscribed Safaricom floatation soared when trading opened this morning on the Nairobi Stock Exchange. Share were sold to domestic investors at 5 shillings each (with 5.5 shillings for overseas investors) and jumped by 45 percent to reach 7.4 shillings by lunchtime - having at one point reached 8 shillings during the mornings trade.  more

Related Tags: ipo, vodafone-kenya, vodafone-group, Kenya

Safaricom Floatation Massively Oversubscribed

Preliminary figures from the sale of shares in Kenya's Safaricom has pulled in some Sh191 billion (US$3.3 billion) in bids from local and international investors - substantially exceeding the expected Sh50 billion (US$845 million) that government had hoped to raise.  more

Related Tags: ipo, vodafone-kenya, vodafone-group, Kenya

Who are the Top 10 Operators in the Middle East and Africa?

After a comparatively quiet second quarter, the mobile market in the Middle East and Africa has bounced back with a record number of new customers. Over 32 million net additions were made in the three months to end September, some 2 million more than were connected in the previous best quarter, Q4 2006. As has been the case for most of this year, the bulk of the growth has come from Africa, rather than the Middle East, with Egypt, Nigeria, Kenya and South Africa producing the strongest gains. The most notable exception to this generality is Iran, where additional competition is spurring growth.  more

Related Tags: mtn, vodacom, tci, orascom