Does Telkom Own Safaricom?

Does Telkom Own Safaricom?

Does Telkom Own Safaricom?

No, Telkom does not own Safaricom. Safaricom was formed in 1997 as a fully owned subsidiary of Telkom Kenya. However, in May 2000, Vodafone Group PLC of the United Kingdom acquired a 40% stake and management responsibility for Safaricom.

Currently, Safaricom is a publicly listed company, and its ownership is distributed among various shareholders, including institutional investors, individual shareholders, and Vodafone Group.

Telkom Kenya, on the other hand, is a separate telecommunications company in Kenya and operates independently from Safaricom.


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