Echotel International cleared to acquire iWayAfrica

South Africa-based integrator of advanced network and cloud computing services Echotel International Proprietary Limited has received the green light from the Competition Authority of Kenya (CAK) to acquire 80 percent of iWayAfrica Kenya. Echotel, through its subsidiaries, provides wireless connectivity services while the target provides retail internet access, Virtual Private Network (VPN), and online security services. Locally, the multinational resells Internet connectivity, VPN and online security services. It provides services via a multi-carrier converged network, to simplify the complexity of aggregating infrastructure to clients. iWayAfrica Kenya (iWayKenya), provides fixed line…

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