Sunday, September 28, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Africa

Kenya’s Competition Authority Approves Airtel & Telkom Merger

Tech Gist Africa by Tech Gist Africa
12/16/2019
in Africa, Africa News, News
0 0
0
Kenya’s Competition Authority Approves Airtel & Telkom Merger

photo credit: malindikenya.net

0
SHARES
Share on FacebookShare on Twitter

The Competition Authority of Kenya (CAK) has approved the merger between Airtel and Telkom Kenya. The approval came after a 10-month long quid pro quo between the regulators and the telcos.

 

The move by the two telecom operators to merge their companies begun in February. The merger was in a bid to control a larger market share and compete holistically with Safaricom, the largest telco in Kenya.

 

The merger, however, met its first major setback in August over corrupt practices and shady deals. A report shared on our platform revealed that the merger was halted by Kenya’s Anti-Corruption Commission over the Misappropriation of funds.

 


See Also: Airtel Kenya and Telkom Merger halted over Corrupt dealings


 

However, the merger has gone through as it receives a final go-ahead from the Competition Authority of Kenya (CAK). The merged company will now be referred to as Airtel-Telkom.

 

In a report released by Kenya Gazatte during the weekend, CAK enunciated the conditions for the merger. Some of the conditions issued by the Competition Authority of Kenya includes;

 

  • The merged telcos shall retain 349 of its 647 employees.
  • This 349 employees will constitute 114 employees of Telkom Kenya, and 120 employees by the merged entity. Also, an additional 115 employees will be retained by the network partner of the merged entity for 2 years.
  • Also, the merged entity will not be permitted to sell or transfer its operating spectrum licenses until it expires.
  • At the expiry of the term of the merged entities’ operating license, 900MHZ & 1800MHZ spectrum acquired from Telkom will go back to the Kenya Government.
  • The merged entities will also be barred from any other sales deals for the next five years.

 

Meanwhile, the Kenya regulatory body has noted that it will investigate any misappropriation of funds noticed in the merged entity.

 

 

More on TechGist Africa

  • African Smartphone Market Reaches 55.8 Million Units Shipments in Third Quarter of 2019
  • Canadian Mobile ID Verification Company, Trulioo Launches Services in Nigeria & Ghana
  • See the 14 African Startups Selected for the IMPULSE Accelerator Program
  • Microsoft Launches its Windows PC Affordability Initiative in Africa
  • Airtel Africa Announces Plan to List on Malawi Stock Exchange
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Rulebase
Funding

Rulebase Secures $2.1M Pre-Seed Funding to Revolutionize Fintech Back-Office Automation

by Tech Gist Africa
09/26/2025
0

Rulebase, a Y Combinator-backed fintech startup, has raised $2.1 million in pre-seed funding to automate back-office operations in financial services....

Read more
SunCulture Kenya

SunCulture, a Kenyan climate-tech startup has secured a $5 million funding

09/26/2025
AGF Visa Foundation

AGF and Visa Foundation Unveil $2M Fund for Women Entrepreneurs in Africa

09/26/2025
Justyol Morocco

Justyol, a Moroccan e-commerce startup has raised $1 million in funding

09/26/2025
Mavryk Network UAE

Mavryk Network Secures $10M to Revolutionize UAE Real Estate with Blockchain Tokenization

09/26/2025
Next Post
YouTube

YouTube’s Updated Policy to Bar Implied Threats & Hate Speeches

Solar Energy Startup upOwa raises $2.7 Million Fund to Scale Growth & Expansion

Solar Energy Startup upOwa raises $2.7 Million Fund to Scale Growth & Expansion

Google’s Chrome 79 will Let You Know When Your Password is Compromised

Google’s Chrome 79 will Let You Know When Your Password is Compromised

No Result
View All Result

The Big 5

Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

by Tech Gist Africa
09/26/2025
0

...

Nvidia Abu Dhabi Robotics Lab

Nvidia and Abu Dhabi Institute Launch Middle East’s First AI & Robotics Lab

by Tech Gist Africa
09/26/2025
0

...

MultiChoice

Canal+ has officially completed its $3.17 billion acquisition of South Africa’s MultiChoice Group

by Tech Gist Africa
09/26/2025
0

...

216 Capital & Plug and Play Accelerator

216 Capital & Plug and Play Launch Tunisian Accelerator to Bridge Local Startups to Global Stage

by Tech Gist Africa
09/26/2025
0

...

Funding

Groundbreaking UK Tender Aims to Map East Africa’s Start-Up Financing Landscape

by Tech Gist Africa
09/26/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.