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The telco space makes a three-way call

By TANIA NGIMA

I remember April 2008 and the events surrounding one of Kenya’s biggest IPOs. Loans were taken, bankers were rubbing their hands in glee over the 15 per cent (on average) interest rates and more than just a few people were already millionaires, if only in their heads. The excitement in the air was palpable.

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telco space IPO