Acquiring Company
Vodacom
Acquired Company
Safaricom Plc
Midrand
NairobiHardwareFinancial ServicesMobileTelecommunicationsHardwareTelecommunicationsDescription
Vodacom Group has acquired a 15 percent stake in Safaricom from the National Treasury, gaining majority control over the telecom giant. The deal increases Vodacom's effective ownership in Safaricom to 55 percent from 35 percent. The transaction concludes a phase of significant state dominance in Safaricom's operations. The cash injection of Sh244.2 billion is expected to bolster the National Treasury's finances.
Quick answer
Vodacom is acquiring Safaricom Plc, announced July 2, 2026. Vodacom is based in Midrand, Gauteng, South Africa.
- How much did Vodacom pay for Safaricom Plc?
- The deal value was not disclosed.
- What does Vodacom do?
- Vodacom is a leading African mobile communication company providing a wide range of communication services, including mobile voice, messaging, data, financial, and converged services to over 115 million customers.
- Where are Vodacom and Safaricom Plc based?
- Vodacom is based in Midrand, Gauteng, South Africa. Safaricom Plc is based in Nairobi, Nairobi County, Kenya.
- Who are the decision-makers at Vodacom?
- Fundz holds 2 contacts at Vodacom. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Financial Services
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)
- Millicom strengthens position with Coltel acquisition (August 9, 2026)
- COEO Solutions acquires NetWolves to boost connectivity (August 3, 2026)
- Vodafone acquires 55% stake in Safaricom (July 27, 2026)
- CONX to acquire controlling stake in MobileX (August 14, 2026)
- Ufone merges with Telenor amid PTA regulations (August 3, 2026)
Who to call at Vodacom, and when
When Vodacom changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Vodacom raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Vodacom, from your own LinkedIn network
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Frequently asked
Who acquired Safaricom Plc?
Safaricom Plc was acquired by Vodacom, based in Midrand. The deal was reported on July 2, 2026. Vodacom is a leading African mobile communication company providing a wide range of communication services, including mobile voice, messaging, data, financial, and converged services to over 115 million customers. Vodacom is privately held and operates in Hardware.
When did Vodacom acquire Safaricom Plc?
Vodacom's acquisition of Safaricom Plc was reported on July 2, 2026. Vodacom Group has acquired a 15 percent stake in Safaricom from the National Treasury, gaining majority control over the telecom giant. The deal increases Vodacom's effective ownership in Safaricom to 55 percent from 35 percent. 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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