Online payment services firm Jambo Pay gets greenlight to offer mobile phone services

KENYA -Jambo Pay, an online payments services company, has obtained a license to operate a virtual mobile phone service in Kenya, intensifying competition in the telco sector dominated by market leader Safaricom. Jambo Pay parent firm, Web Tribe Limited revealed it has been awarded a mobile virtual network operator (MVNO) licence by the telecoms regulator Communications Authority of Kenya (CA) effectively allowing it to lease spectrum from mobile network operators and roll out mobile services. Following the nod, the firm which has previously focused on online payment services, said it…

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