Key Milestones and Requirements for Safaricom Transaction
Rationale | Strategic investment in a quality asset
Premier telecom
operator in East
Africa
Market leader in the dynamic high growth Kenyan market
State of the art infrastructure and spectrum portfolio
M-Pesa is the best in class mobile money platform
Upside potential from nascent fiber opportunities, further mobile penetration and data growth
Diversify Vodacom
economic exposure
Financially attractive
transaction
Ability to drive more
value through closer
cooperation
Diversifies Vodacom's financial profile
Complementary to Vodacom's existing footprint and simplification of structures
Strategic stake acquired at an attractive valuation
Strong historic operational performance expected to continue
-
Double digit revenue CAGR over last 5 years
48% adjusted EBITDA margin
Generating high returns in excess of cost of capital
Stronger regional presence in East Africa to drive regional and pan African enterprise propositions
Improved sharing of best practices
Ability to replicate M-Pesa success across other Vodacom territories
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