Telkom holds on to its fibre network

Telkom Kenya CEO Mugo Kibati. FILE PHOTO | NMG

Telkom Kenya hived off its fibre network business in the ongoing merger with Airtel to give the government a secure communication system, sources familiar with the transaction have revealed.

The planned merger of Kenya’s second and third-largest telecom operators formally announced on Friday will see Telkom Kenya carve out its real estate portfolio and “specific government services” from the deal.

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