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Telkom and Airtel Kenya merger details

Telkom Kenya Limited and Airtel Networks Kenya Limited have on this day entered into a merger that will see the two companies operate as Airtel-Telkom.

However, the things that have not been included in the deal include the Telkom Kenya’s high level government business and their real estate portfolio.

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The final details of the shareholding have not been revealed yet but it is understood that Telkom Kenya CEO will hold Chairman’s position while Airtel Networks Kenya CEO will be appointed Chief Executive Officer.

All this still depend on approval from Competition and Communication Authorities.

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