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Airtel given more time to increase its local shareholders

Airtel Kenya has won a major concession from the government after the parent company was allowed to continue holding a 95 per cent stake in the second largest mobile telephony firm against regulations that cap foreign ownership at 80 per cent.

Read more http://www.businessdailyafrica.com/Corporate+News/Airtel+given+more++time+to+increase+its+local+shareholders+/-/539550/1321594/-/43p72j/-/index.html

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