According to globaltelecombusiness.com, Essar, the minority shareholder in Vodafone Essar, one of the largest operators in India, wants to expand its telecom operations in emerging markets, by implementing pan-African mobile operations in several African countries and targeting more than 20 million customers more within six or seven countries.
Essar owns 33% of Vodafone’s Indian operation and a 49% stake in Econet Wireless, through Essar Communication Holdings.
Econet Wireless has already set up Yu network in partnership with Essar, covering a million subscribers in Kenya.
Essar also owns a majority stake in Dhabi Group’s Warid Telecom operations in Uganda and Congo.
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