AXIAN Telecom aims at East Africa in latest $63M Wananchi Group acquisition deal
- AXIAN Telecom acquired Wananchi Group for $63 million to expand its broadband footprint in East Africa.
- The acquisition gives AXIAN a 99.63% stake in Wananchi Group Ltd.
- This marks AXIAN's largest entry into the promising internet markets of Kenya, Tanzania, and Uganda.
Techpoint Africa - Nov 7, 2025
Axian Telecom enters East Africa with Wananchi acquisition
Axian Telecom has acquired a 99.63% stake in Wananchi Group, enhancing its position in East Africa's
The acquisition of Wananchi Group by AXIAN Telecom represents a strategic move to consolidate its presence in East Africa's rapidly evolving digital landscape. However, the competitive pressures from established players and new entrants necessitate a robust integration strategy to ensure that AXIAN can effectively leverage Wananchi's assets while maintaining service quality and customer loyalty.
