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Regulator approves Airtel, Telkom merger

Telkom Kenya CEO Mugo Kibati (left) and Airtel Kenya CEO Prasanta Das Sarma before the Senate Committee on Information and Communication Technology on October 22. FILE PHOTO | NMG

What you need to know:

  • Competition watchdog sets out a raft of conditions including retaining some staff.
  • The merged company will be required to honour all existing government contracts.

The competition watchdog has approved the planned merger of Airtel Kenya and Telkom Kenya.

In a notice published in the Kenya Gazette Friday, the Competition Authority of Kenya (CAK) gave its greenlight for the deal while setting out a raft of conditions including ensuring it retains a number of its employees.