Trending
- How transition finance can catalyse Africa’s green industrial revolution
- Stanbic PMI Report: Mixed performance as Kenya’s agriculture, construction offset manufacturing decline
- Uganda’s land management gets a tech makeover to boost transparency
- Nigeria’s output dips fastest in 19 months on a sharp rise in costs
- Apple faces growing backlash over Congo exploitation
- Why East Africa is staring at higher wheat prices in 2025
- Nairobi Gate SEZ pumps $7 million into Kenya’s agro-processing industry
- What impact will the US election have on Africa?
Browsing: Bharti Airtel
The battle for Kenya’s telecommunication industry market share has intensified with the planned merger of Telkom Kenya and Airtel Kenya, the subsidiary of Indian telecom giant Bharti Airtel.
On February 8, 2019, the two telcos announced the signing of a binding agreement to combine their respective Mobile, Enterprise and Carrier Services businesses in Kenya into Airtel, which will see them trade as Airtel-Telkom.
The merger has however faced opposition from former employees of Airtel. It has also faced headwinds in getting approval from regulators with both Communication Authority of Kenya (CA) and the Competition Authority of Kenya (CAK) remaining adamant in giving a green light.
The regulators have pegged their decision on ongoing investigations in past dealings at Telkom by the Ethics and Anti-Corruption Agency (EACC).
The anti-corruption body is investigating how the National Treasury surrendered part of Telkom Kenya ownership to French multinational—Orange, which later offloaded its stake to …