Telkom surrenders half of sales to Safaricom

Telkom Kenya CEO Mugo Kibati. PHOTO | SILA KIPLAGAT | NMG

Telkom Kenya has revealed that it pays over half of its revenues to Safaricom #ticker:SCOM and rival operators as costs for handling its calls, condemning the firm to a loss-making territory.

The firm says it has been unable to compete due to the current mobile termination rates (MTR) and fixed voice termination rates (FTRs) -- charges levied by telecoms operators for handling rivals’ calls on their network.

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