April 10, 2018 / 7:29 AM / 6 months ago

Telkom Kenya to merge some operations with Airtel Kenya -source

NAIROBI, April 10 (Reuters) - Telkom Kenya and Bharti Airtel’s local units plan to merge some operations as a first step as Telkom plans to acquire all of Airtel’s Kenyan assets, a source at the industry regulator said on Tuesday.

Telkom Kenya plans to take over all of Airtel Kenya eventually but it has yet to decide on a structure, the source said.

“They are yet to make a formal application (to the regulator) disclosing all the details,” the source told Reuters.

Telkom Kenya declined to comment and Airtel Kenya had no immediate comment.

Reporting by Duncan Miriri; Editing by Susan Fenton

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