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Bharti Airtel, Safaricom confirm talks to acquire Yu assets

2014-03-04 23:57:00| Telecompaper Headlines

(Telecompaper) Indian communications carrier Bharti Airtel confirmed that its subsidiary Airtel Networks Kenya has sought approval from the Communications Authority of Kenya (CAK) to acquire the telecommunications licences and subscribers of Essar Telecom Kenya, which operates under the brand name Yu. Bharti said that under the proposed arrangement, over 2.7 million Yu customers would become part of Airtel Kenya's mobile network. The company did not provide further details. Kenya's leading mobile operator, Safaricom said it was also in talks to acquire a stake in Essar Telecom and take over Yu's network assets. Safaricom plans to buy Yu's base stations to support its efforts to improve network quality. No financial details of the proposed transaction were disclosed. According to the latest statistics from CAK, Yu holds a market share of 8.8 percent in the country, putting it in third place ahead of Orange Kenya. 

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Safaricom announces the Yolo, Africa's first Intel-powered smartphone

2013-01-25 08:02:21| Agriculture - Topix.net

Intel is finally opening its wings and spreading its mobile influence to Africa, as Kenya's Safaricom has officially introduced the Yolo phone.

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Safaricom to launch new Intel smartphone Yolo

2013-01-24 10:41:00| Telecompaper Headlines

(Telecompaper) Kenyan operator Safaricom has signed a deal to distribute a new range of smartphones powered by Intel. Billed as the first smartphone with 'Intel inside' in Africa, the Yolo smartphone will be sold in Safaricom shops countrywide at the entry price of KES 10,999 and comes bundled with free 500 MB data. The Yolo model will run Android and sport Intel's new Atom processor Z2420 for emerging market devices. The phone will feature a 3.5-inch touchscreen display, FM radio, 5-megapixel back camera, expandable memory slot, HSPA+ modem support with Intel's XMM 6265 modem for global roaming and McAfee mobile security software.

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