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Safaricom seeks Sh1.2bn debt before Airtel, Telkom merger

Telkom Kenya CEO Mugo Kibati. FILE PHOTO | NMG

By  OTIATO GUGUYU

Safaricom acting CEO Michael Joseph wants Telkom Kenya and Airtel to pay a Sh1.2 billion debt before the two companies are allowed to merge.

Mr Joseph said that since Airtel explicitly said it will not take up Telkom’s liabilities it will be difficult to chase those debts after the merger.

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