Acquiring Company
Axian Telecom
Acquired Company
Wananchi Group (Holdings) Ltd
Description
AXIAN Telecom has successfully acquired Wananchi Group (Holdings) Ltd for KES 9.6 billion, gaining a 99.63% control. This acquisition is expected to enhance Yas's presence in the East African market. With access to new markets in Kenya and Uganda, the integration aims to bolster Wananchi's investment capacity and service expansion.
Quick answer
Axian Telecom is acquiring Wananchi Group (Holdings) Ltd, announced November 6, 2025. Axian Telecom is based in Senegal.
- How much did Axian Telecom pay for Wananchi Group (Holdings) Ltd?
- The deal value was not disclosed.
- What does Axian Telecom do?
- Axian Telecom is a leading telecommunications company focused on driving growth and innovation in the telecom industry.
- Where are Axian Telecom and Wananchi Group (Holdings) Ltd based?
- Axian Telecom is based in Senegal. Wananchi Group (Holdings) Ltd is based in Kenya.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Satellite Communication
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Axian Telecom acquires Wananchi Group in East Africa (November 7, 2025)
- Zadarma acquires Megacall to enhance VoIP services (November 10, 2025)
- T-Mobile to acquire UScellular for expanded services (November 5, 2025)
- Telenor acquires Ufone following CCP approval (October 1, 2025)
- SEAX Global acquires major stake in Interlink Telecom (December 13, 2025)
- Vero Fiber acquires BendTel, Inc. to expand services (December 2, 2025)
Who to call at Axian Telecom, and when
When Axian Telecom changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Axian Telecom raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Axian Telecom, from your own LinkedIn network
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Frequently asked
Who acquired Wananchi Group (Holdings) Ltd?
Wananchi Group (Holdings) Ltd was acquired by Axian Telecom, based in Senegal. The deal was reported on November 6, 2025. Axian Telecom is a leading telecommunications company focused on driving growth and innovation in the telecom industry. Axian Telecom has a strong track record of delivering high-quality services to its customers. Axian Telecom is privately held and operates in Hardware.
When did Axian Telecom acquire Wananchi Group (Holdings) Ltd?
Axian Telecom's acquisition of Wananchi Group (Holdings) Ltd was reported on November 6, 2025. AXIAN Telecom has successfully acquired Wananchi Group (Holdings) Ltd for KES 9.6 billion, gaining a 99.63% control. This acquisition is expected to enhance Yas's presence in the East African market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Wananchi Group (Holdings) Ltd do?
Wananchi Group (Holdings) Ltd is the parent company of Zuku, offering pay-TV, broadband Internet, and VoIP services. Established in 1999, it has a strong presence in East Africa, operating in multiple countries. It is privately held, operating in Hardware, and is based in Kenya.
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