yuMobile News

Madhur Taneja, CEO, yuMobile

Safaricom and Airtel acquire yuMobile for $120M

Kenyan mobile operators Safaricom and Airtel have signed an agreement to acquire the telecom business of yuMobile for $120 million, it was announced on Monday.

Bob Collymore, CEO, Safaricom

Safaricom restarts $120M bid to acquire yuMobile assets

Kenya’s biggest mobile network Safaricom is making progress in acquiring the infrastructure of smaller rival yuMobile.

Safaricom

Safaricom agrees to open up M-PESA agent network to competitors

A battle to open up Kenya’s M-Pesa agents network in Kenya has come to an end.