Telkom and Airtel Merger

Image sourced from Bandwidth Blog Telkom Kenya and Airtel have recorded a 16% fall in mobile Internet subscribers after consumers grew uncertain over a proposed merger of the telcos, according to Gadgets Africa. A report by the Communication Authority of Kenya (CA) reveals that there were only 38.85 million Internet subscribers as of March 2020 – this resulted in a decline from 46.46 million in the same period last year. “The merger deal collapsed last month with Airtel Kenya and Telkom Kenya citing unacceptable conditions placed on the proposed amalgamation besides delays in receiving regulatory approvals,” reports Business Daily. “The companies had entered into an agreement on February 8, 2019 to combine their mobile, enterprise and wholesale divisions, a proposed deal that led to uncert...