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Regulator approves Airtel Telkom merger, new entity to retain at least 349

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Regulator approves Airtel Telkom merger, new entity to retain at least 349 by Kenyans247(1): Fri Dec 2019 04:04pm
- Airtel and Telkom agreed to work as a single entity in February 2019 - The new company will be called Airtel-Telkom and will be required to honour all existing government contracts - The organization will be chaired by Telkom Kenya CEO Mugo Kibati The Competition Authority of Kenya has approved the merger between Airtel and Telkom in a deal that could challenge the dominance of telecommunications market leader Safaricom. India’s Bharti Airtel agreed to work with Telkom Kenya as a single entity on Friday, February 7 after a series of consultations.

Read more: https://www.tuko.co.ke/329837-regulator-approves-airtel-telkom-merger-entity-retain-349-employees.html

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