CAK approves Airtel - Telkom Merger.

zapp_brannigan

I am not a Futurama fan .
Kenya’s competition authority has approved the planned merger of Airtel Kenya and Telkom Kenya.
In a notice published in the Kenya Gazette Friday, the Competition Authority of Kenya (CAK) gave its greenlight for the deal while setting out a raft of conditions including ensuring it retains a number of its employees.
"The merged entity shall ensure that at least three hundred and forty nine (349) of the six hundred and seventy four (674) employees of the target are retained as follows —
(a) 120 employees by the merged entity for a period of two years from the date of the implementation of the merger (b) 114 employees by Telkom Kenya Limited for a period of two (2) years from the date of the implementation of the merger; and (c) 115 employees to be absorbed by the network partners of the merged entity," CAK boss Wang'ombe Kariuki said.
The company, which will be called Airtel-Telkom, is also required to honour all existing government contracts.
The merged entity will not be allowed to sell or transfer some of its operating and frequency spectrum licences until their duration expires.
"Upon expiry of the term of the merged entities' operating license, the spectrum in the 900MHZ and 1800MHZ acquired from Telkom shall revert back to the Government of Kenya (GoK)," the notice says.
 
Will this new entity have any impact on Safaricom market share? I have my doubts. The employees in the two firms should now get ready for a rough ride.
 
Does the merger include telkom assets, or the govt thieves already squeezed out all that exists?
During telephone line days, the govt owed telkom alot in bills, then they used to use the revenue from telkom posta to settle army salaries as rumors had it.
And that's how telkom came to be and died.
 
Will this new entity have any impact on Safaricom market share? I have my doubts. The employees in the two firms should now get ready for a rough ride.

They have to work harder to beat the green monster.Safaricom is running fiber all over and i am sure in the next couple of years they will be market leaders in home and business internet connections .Already Zuku is feeling the heat from the ever growing Safaricom home fiber connections.
 
the only way to beat safaricom is to have strong reliable Network outside Nairobi. otherwise hizi mergers and low prices ni upus. consumers care about reliability
 
Does the merger include telkom assets, or the govt thieves already squeezed out all that exists?
During telephone line days, the govt owed telkom alot in bills, then they used to use the revenue from telkom posta to settle army salaries as rumors had it.
And that's how telkom came to be and died.
Dynasties at work! Soon the new outfit will be in the hands of Konyagi crew
 
the only way to beat safaricom is to have strong reliable Network outside Nairobi. otherwise hizi mergers and low prices ni upus. consumers care about reliability
They have to think outside the box .They should be dynamic and change with time kama safaricom .Angalia MPESA the integration is superb to various systems. The home fibre is also another area where Safaricom will make good money .Bundles and voice will not make Airtel - Telkom outfit the billions they would like .
 
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