Vodacom to appeal Kenyan court ruling over Safaricom stake

A Kenyan court ruled Vodacom's purchase of a 15% stake in Safaricom unlawful due to lack of transparency and competitive bidding; Vodacom will appeal the decision which could require the Kenyan government to refund $1.9 billion.

This Wire brief sits within Fusion42's coverage of Telecom & Connectivity.