Why Airtel, Telkom marriage rests on thin foundationTelkom, Airtel sign binding agreement to operate under joint venture. SEE ALSO :CA: Safaricom subscribers drop, Airtel gainsAt 14.4 million customers, Airtel-Telkom seems like a stronger competitor to Safaricom than either company standing alone. “Telkom Kenya Limited’s real estate portfolio and specific government services will not form part of the combined entity,” said the statement. For Airtel Kenya, this will not be the first time it is signing a deal that will significantly alter its shareholding structure and brand. It is a takeover of Telkom Kenya by Airtel, which is backed by money and assets that Telkom Kenya cannot compete against,” he said.

Source: Standard Digital February 10, 2019 09:22 UTC