Kenya orders foreign-owned ICT firms to sell 30% stake to locals by 2024

KENYA – Foreign-owned information and communication technology (ICT) firms in Kenya have been given a deadline of up to 2024 to ensure they have a 30% ownership by the locals. The East African nation’s ICT Cabinet Secretary, Joe Mucheru, has given these foreign firms a deadline of March 2024 to comply. The notice said the Government encourages Kenyans to participate in the ICT sector through a policy that will require 30% local ownership of all foreign-owned ICT firms, either through local firms or individual Kenyans. An already existing foreign ICT…

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Kenyan High Court clears Telkom Kenya and Airtel merger deal

KENYA – Telecommunication companies Telkom Kenya and Airtel have been given the nod to revive their planned merger after Kenyan High Court quashed a letter by the country’s anti-graft agency, Ethics and Anti-Corruption Commission (EACC) questioning the sale of the former’s properties during the privatization period. In a ruling, High Court judge Jairus Ngaa said that the purported move by the Ethics and Anti-Corruption Commission (EACC) to recover property already sold or stop those on sale was illegal. The decision clears the way for the merger which Telkom said had…

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Ericsson to modernise Airtel’s 4G network in Kenya

KENYA – Airtel Africa has announced that it will expand its strategic partnership with Ericsson to allow 4G coverage in Kenya. With Ericsson’s Radio Access Network (RAN) and 4G packet core products, Airtel subscribers will experience enhanced voice and data quality. The network upgrade agreement signed in August 2020 is in line with the ‘Kenyan Digital Economy Blueprint Vision 2030’ which aims to provide robust connectivity in rural areas and facilitate e-commerce platforms. The modernisation agreement will simplify and upgrade the existing network while providing future proof of the anticipated and rapid expansion…

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Kenya’s communication authority gives new conditions for Airtel-Telkom merger approval

KENYA – Mobile telecoms regulator, Communication Authority of Kenya (CAK) has spelled out new conditions that Telkom Kenya and Airtel Kenya must meet before their merger is approved. Central to CAK’s authorization is the barring of the soon to be merged entity- Airtel Telkom from entering any other sale transactions in the next five years. The condition essentially blocks the pair from making any further market consolidation efforts to largely see Safaricom retain its market leader position. The CAK further directed that Telkom reverse its 900 megahertz (MHz) and 1800MHz…

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Telkom Kenya to retain name for ICT unit after Airtel merger

KENYA – Telkom Kenya could still retain its brand name for its ICT business even after the merger with Airtel Kenya, a regulatory notice by the Communication Authority of Kenya (CA) has revealed. The two telecommunications firms have sought the Authority’s approval to merge their mobile, enterprise and carrier services to form a single joint venture company. If the deal is approved, Telkom Kenya will transfer its mobile, enterprise and carrier business to Airtel Networks Limited in exchange for a shareholding in Airtel Networks Kenya. However, Airtel has a larger…

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Airtel Kenya expands 4G network coverage ahead of merger with Telkom

KENYA – Airtel, one of telecommunication players in Kenya has said that it is expanding its 4G network coverage to 40 new towns across Kenya in a bid to offer customers faster internet speeds. The company, which is in battle against Kenya’s largest network and communications services provider, is eying more towns to expand its market share in the industry. The targeted towns set to benefit from the new coverage include Kisumu, Nyeri, Meru, Nakuru, Bungoma, Lamu and Garissa. “Airtel is committed to constantly innovate and improve on the quality…

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