Airtel to Exit Kenyan Market

Sourced from Comms MEA Airtel Africa has denied reports that it plans to halt operations in Kenya. The rumours were reported by Techweez after Prasanta Das Sarmato, CEO of Airtel Kenya, assessed the viability of the company after The National ICT Policy 2019 was signed. “Equity Participation, a clause in the policy states that only companies with at least 30% substantive Kenyan ownership, either corporate or individual will be licensed to provide ICT services.” The telco, however, has said that it would not be leaving the Kenyan market – “we remain committed to delivering quality and value for money products and services to all our customers whilst ensuring effective, uninterrupted communication is achieved across the entire country.” Airtel goes on to say that it would cont...