Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 28, 2014

Bharti Airtel, Safaricom get conditional approval to buy Kenyan rival: report

Kenya's telecoms regulator granted conditional approval to the nation's biggest telecoms operators - Safaricom and the local unit of Bharti Airtel - to buy the No. 3 network, Yu, operated by Essar Telecoms.

The regulator said on Friday it would approve the deal, subject to Safaricom and Airtel each paying a $5.4-million fee for the licence belonging to Yu.

Copyright @ Thomson Reuters 2014

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search