US firm gets clearance to buy 723 Telkom Kenya towers

CAK director general Wang’ombe Kariuki. FILE PHOTO | NMG

Kenya (CAK) has cleared the transfer of 723 telecommunication towers that Telkom Kenya own to American Tower Corporation (ATC), paving the way for the US multinational to gain a foothold in the country.

American Tower Corporation in May said it had reached an agreement to acquire the towers for an undisclosed amount.

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