Acquiring Company
Vodafone Group
Acquired Company
Safaricom Plc
Description
Vodafone has completed the acquisition of a controlling 55% stake in Safaricom. This move is expected to significantly boost Vodafone's financial performance and enhance its presence in East Africa's digital markets. The acquisition allows Vodafone to fully consolidate Safaricom's financial results starting July 2023. Vodafone anticipates adjusted core earnings to grow due to this strategic acquisition.
Quick answer
Vodafone Group is acquiring Safaricom Plc, announced July 27, 2026.
- How much did Vodafone Group pay for Safaricom Plc?
- The deal value was not disclosed.
- What does Vodafone Group do?
- Vodafone Group is a multinational telecommunications company headquartered in the UK.
- Where are Vodafone Group and Safaricom Plc based?
- Safaricom Plc is based in Nairobi, Nairobi County, Kenya.
- Who are the decision-makers at Vodafone Group?
- Fundz holds 1 contact at Vodafone Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Mobile
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Inseego to acquire Nokia's fixed wireless access business (June 30, 2026)
- Charter to merge with Liberty Broadband, exits market (August 19, 2026)
- Millicom strengthens position with Coltel acquisition (August 9, 2026)
- Ufone merges with Telenor amid PTA regulations (August 3, 2026)
- Vodacom acquires majority stake in Safaricom (July 2, 2026)
- Mitratel to merge with Tower Bersama for growth (September 7, 2026)
Who to call at Vodafone Group, and when
When Vodafone Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Vodafone Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Safaricom Plc?
Safaricom Plc was acquired by Vodafone Group. The deal was reported on July 27, 2026. Vodafone Group is a multinational telecommunications company headquartered in the UK. It operates in various countries, providing a wide range of services including voice, messaging, data, and fixed broadband. Vodafone Group is publicly traded (VOD) and operates in Hardware.
When did Vodafone Group acquire Safaricom Plc?
Vodafone Group's acquisition of Safaricom Plc was reported on July 27, 2026. Vodafone has completed the acquisition of a controlling 55% stake in Safaricom. This move is expected to significantly boost Vodafone's financial performance and enhance its presence in East Africa's digital markets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Safaricom Plc do?
Safaricom Plc is a listed telecommunication company operating in Kenya, known for providing mobile and data services as well as financial services. It is privately held, operating in Hardware, and is based in Nairobi.
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