The wananchi group secures Ksh11.6 bn to fund its expansion drive
6th October, 2014
The company is set to invest the cash in expanding its Fibre Optic Network to cover more homes in more cities across the region. The funds come at an opportune time for the company with the global digital migration deadline looming.
The Wananchi group is a pay television and high speed internet operator. The capital investment was led by shareholders including Altice and liberty global as well as new investors Helios investment partners.