Airtel-Telkom merger in Kenya: a botched deal that nobody believed in
Safaricom, Kenya’s almighty telecoms operator, lobbied the government hard to derail this project in which it seemed no-one, even within Airtel itself, really had faith.
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▪ Airtel-Telkom merger in Kenya: a botched deal that nobody believed in
▪ Safaricom, Kenya’s almighty telecoms operator, lobbied the government hard to derail this project in which it seemed no-one, even within Airtel itself, really had faith.
▪ https://www.africabusinessplus.com/en/805274/airtel-telkom-merger-in-kenya-a-botched-deal-that-nobody-believed-in/
Who really wanted the merger between Airtel and Telkom to succeed in Kenya? Perhaps the Indian operator’s main shareholder? Indeed, Sunil Mittal did not hesitate to get personally involved by travelling to Nairobi in early 2019 to meet with the government and move the matter forward. To no avail. Promising for the competitive environment of Kenyan telecoms, the project that started in January 2019 ended up as a fool’s errand. It was definitively abandoned at the beginning of August by official, mutual agreement between the two parties.
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