Kenya Airtel-Telkom merger abandoned despite green light from the High Court

Kenya Airtel-Telkom merger abandoned despite green light from the High Court

Jeune Afrique Business+ delivers the inside story.

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            ▪ Kenya Airtel-Telkom merger abandoned despite green light from the High Court

▪ Jeune Afrique Business+ delivers the inside story.

https://www.africabusinessplus.com/en/807038/kenya-airtel-telkom-merger-abandoned-despite-green-light-from-the-high-court/

There was no last-minute twist in the merger planned between Airtel Kenya and Telkom in Kenya. Though the High Court of Kenya gave the green light to the merger between the two operators on 11 February, this will not revive the discussions abandoned at the end of August. Jeune Afrique Business+ learnt on Thursday from a source familiar with the case at Airtel, who said, “At a public meeting in early February, the CEO clearly said that we had moved on.”

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