- Mobitelea Ventures Limited
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Mobitelea Ventures is the name of a company that formerly owned 5% of [Vodafone][1] Kenya's shares in [Safaricom],[2] a leading mobile network operator.
According to Vodafone, Mobitelea Ventures Limited was brought in as a partner to advise on local business processes and protocol.[3]
Documents obtained by the Guardian newspaper show that Mobitelea was registered in Guernsey on June 18, 1999. Mobitelea's owners are represented by two nominee firms, Guernsey - registered Mercator Nominees Ltd and Mercator Trustees Ltd. The directors are named as Anson Ltd and Cabot Ltd, based in Anguilla and Antigua.[4]
Vodafone brought back half of Mobitelea's stake at the beginning of 2003[5] and, during the year ending 31 March 2009, Mobitelea sold their remaining shares in Safaricom to the Vodafone Group.[6]
Today, the shareholder structure of Safaricom is: Government of Kenya 35%; Vodafone 40%; Free Float 25%.[7]
References
- ^ http://en.wikipedia.org/wiki/Vodafone
- ^ http://en.wikipedia.org/wiki/Safaricom
- ^ Rice, Xan (2007-02-16). "Kenyan Inquiry into Vodafone's Mystery Partner.". London: The Guardian. http://www.guardian.co.uk/media/2007/feb/16/kenya.citynews. Retrieved 2007-02-16.
- ^ Rice, Xan (2007-02-16). "Kenyan Inquiry into Vodafone's Mystery Partner.". London: The Guardian. http://www.guardian.co.uk/media/2007/feb/16/kenya.citynews. Retrieved 2007-02-16.
- ^ "Vodafone Reported to Have Bought Out Controversial Shareholder Cellular". Cellular News. 2009-07-08. http://www.cellular-news.com/story/38425.php. Retrieved 2009-11-19.
- ^ "SFO Looks into Vodafone Partner". Vodafone. 2009-11-05. http://www.vodafone.com/etc/medialib/agm_09.Par.22820.File.dat/VF_Annual%20Report_2009.pdf. Retrieved 2009-11-05.
- ^ "Corporate Fact Sheet – Safaricom". Safaricom. 2009-11-05. http://www.safaricom.co.ke/index.php?id=841. Retrieved 2009-11-05.
Categories:- Telecommunications companies of Kenya
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