Kenyan telecommunications service provider Essar Telecom Kenya Ltd, which provides services under the `yu’ brand, has introduced mobile money transfer service. The company has branded the service as `yuCash by Obopay’.
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Category: Essar Group
The MobileStore (TMS), part of the Essar Group, has acquired Impact Retail’s CDIT operations that are being operated under the brand name X-Cite.
Kenyan telecommunications service provider Essar Telecom Kenya Limited, which provides services under the `yu’ brand, has launched the lowest calling rates in the country. Yu has introduced flat rate of Kes.6 for calls to all networks in Kenya.
Essar Group has signed a definitive agreement to acquire a majority stake in Dubai-based Dhabi Group’s telecom assets in Uganda and Republic of Congo. Dhabi Group is providing telecom services under Warid Telecom Uganda and Warid Congo, which are collectively valued at around $318 million.
Retail Major Shoppers’ Stop and Vodafone-Essar have launched merchandise featuring Zoozoos, the lovable characters from a recent Vodafone Essar advertising campaign.
ETHL Communications Holdings Ltd (ECHL), Essar Group’s holding company for telecom services, has raised Rs 4,280 crore through a private placement of its zero-coupon, non-convertible debentures (NCD).
The MobileStore, retail chain of multi-brand and multi-service telecom outlets, has launched its 78th outlet in Kolkata, taking the count to 151 in the Eastern region of India. Since its launch in March 2007, The MobileStore has increased its presence to over 1,300 stores across 200 cities, making it the country’s largest telecom retailer.