Kenya’s Safaricom wants to avoid price war after competitor Airtel cuts call rates

NAIROBI   –     Kenya’s will not lower its call rates after competitor slashed its rates, its said on Friday.

“We are seeing a new coming… We are not going to move our prices,” Safaricom CEO told reporters.

On Thursday, the Kenyan unit of Bharti Airtel cut its call rates to all other networks to 2 shillings ($0.02) a minute. Safaricom charges 4 shillings a minute.

($1 = 100.3000 ) (Reuters)

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