Helios Investment Partners Acquires a Majority Stake in Telkom Kenya (Sub-Saharan Africa)

Source: Helios Investment Partners

Africa-focused private investment firm Helios Investment Partners has acquired a 60 percent stake in landline phone service provider Telkom Kenya from France-based telecommunications company Orange. The transaction was structured through Helios Investors III. The Government of Kenya also increased its stake in Telkom Kenya from 30 percent to 40 percent.