Safaricom Wants Telkom Airtel To Pay Ksh 1 3B Debt Before Merger
In a statement, Michael Joseph, CEO – Safaricom PLC, said “Our attention has been drawn to claims by Telkom Kenya that Safaricom is opposed to its proposed merger with Airtel Kenya. We wish to clarify that this is not Safaricom’s position. “ The chief executive added that Safaricom believes in competition based on innovation, investment, focus on brand building and service to the customer. Joseph added that industry players are free to engage and organize themselves as they please, subject to regulatory approvals, to achieve their objectives....