Kenya telecoms regulator says has no intention to split Safaricom

Kenya telecoms regulator says has no intention to split company. Credit: qz.com

Kenya‘s telecoms regulator said on Tuesday it had no plans to break up any company in the sector, weeks after a leaked draft report on competition it commissioned recommended that Safaricom, the country’s biggest operator, be split.

“It is not the authority’s intention to punish success,” Communications Authority of Kenya chairman Ben Gituku told a news conference.

Gituku said they were discussing the report with telecoms operators and asked the public to ignore the recent reports in local newspapers that the draft findings recommended that Safaricom’s mobile money payment M-PESA be separated from its Safaricom’s telecoms business.

Read more: UPDATE 1-Kenya telecoms regulator says has no intention to split company| Reuters

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