Safaricom seeks KES 1.2 bln debt before Airtel-Telkom merger

Safaricom has dismissed claims that it is delaying the merger of Airtel and Telkom, saying it has raised valid concerns which it hopes the Communications Authority of Kenya (CA) will address. Acting CEO Michael Joseph said Safaricom wants Telkom Kenya and Airtel to pay a KES 1.2 billion debt before the two companies are allowed to merge.

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