Mobitelea Ventures is the name of a company that formerly owned 12.5% of

Vodafone Vodafone Group Public Limited Company () is a British Multinational company, multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates Service (economic ...

Kenya Ltd, a 40% shareholder of

Safaricom Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya. It is the largest telecommunications provider in Kenya, and one of the most profitable companies in the East and Central Africa region. T ...

, a leading mobile network operator in Kenya. According to Vodafone, Mobitelea Ventures Limited was brought in as a partner to advise on local business processes and protocol. Documents obtained by ''

The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...

'' newspaper show that Mobitelea was registered in

Guernsey Guernsey ( ; Guernésiais: ''Guernési''; ) is the second-largest island in the Channel Islands, located west of the Cotentin Peninsula, Normandy. It is the largest island in the Bailiwick of Guernsey, which includes five other inhabited isl ...

on June 18, 1999. Mobitelea's owners are represented by two nominee firms, Guernsey – registered Mercator Nominees Ltd and Mercator Trustees Ltd. The directors are named as Anson Ltd and Cabot Ltd, based in Anguilla and Antigua. Vodafone brought back half of Mobitelea's stake at the beginning of 2003 and, during the year ending 31 March 2009, Mobitelea sold their remaining indirect shareholding in Safaricom to the Vodafone Group. Today, the shareholder structure of Safaricom is: Government of Kenya 35%; Vodafone 40%; Free Float 25%.

References

{{Reflist, 30em Telecommunications companies of Kenya