Bankele writes about the battle for Africa Online [1], “Telkom (South Africa) looks to emerge the winner in the battle for Africa Online after the African Lakes board (parent company) have accepted Telkom (SA)’s bid of £9.72 million (£25 per share) beating out Africa Telecoms Company (ATC) [which comprised Wananchi Online, Schneider Media and East Africa Capital Partners] who had offered £5.04 million (£18.50 per share).”
Kenya: the battle for Africa Online
· Written by Ndesanjo Macha
Categories: Sub-Saharan Africa, Kenya, South Africa, Economics & Business, Technology