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Safaricom faces M-Pesa break up in market dominance war

Safaricom chief executive officer Bob Collymore (left) and Communication Authority (CA) director-general Francis Wangusi at an event in Nairobi on June 29, 2016. FILE PHOTO | NATION MEDIA GROUP

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By  Jaindi Kisero

Columnist

Telecoms operator Safaricom could be forced to hive off its popular mobile money service M-Pesa if sector regulator, the CA, moves to implement recommendations of a market dominance report.

Separating the highly profitable mobile money service from Safaricom’s core telecoms business – commonly referred to as functional separation - is the gist of a raft of recommendations that international consultants
- Analysys Mason - have made in a yet-to be published report seen by the  Business Daily. 

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