Ndungu,<div><br></div><div>There are so many holes in your theory but u have a very big assumption in that the 25M was from shareholder funds while it was not. The licence was paid from safaricom resources. </div><div><br>
</div><div><br></div><div>Just to extrapolate further your Assumption.</div><div><br></div><div>The network equipment they buy is paid for in the same ratio by the shareholders :)</div><div><br></div><div><br></div><div>regards </div>
<div><br></div><div>Patrick </div><div><br></div><div><br></div>