Nairobi – Telkom Kenya and Bharti Airtel’s local units plan to merge some operations as a first step as Telkom plans to acquire all of Airtel’s Kenyan assets, official source at the industry regulator said on Tuesday.
Telkom Kenya plans to take over all of Airtel Kenya eventually but it has yet to decide on a structure, the source said.
“They are yet to make a formal application (to the regulator) disclosing all the details,” the source told the media.
Telkom Kenya declined to comment and Airtel Kenya had no immediate comment.