Safaricom, Airtel and Telkom Kenya will be required to split their telecommunications business from their mobile money transfer and lending units if a Bill set to be presented for debate in Parliament is passed into law. The Kenya Information and Communications (Amendment) Bill 2019, which is sponsored by Gem MP Elisha Odhiambo, is seeking to compel mobile phone companies to form separate arms to manage any other business they engage in outside telecommunications services. In a move that could complicate the business environment for the telcos, the Bill says they will have to apply for licences "from the respective regulators of any industry or sector ventured into". They will also be required to "legally split or separate the telecommunciations business from such other business. ...
Rumours have been running for over a year that Telkom and Airtel were planning to amalgamate their operations in a bid to augment their product and service offerings to match the services of Safaricom. Safaricom had also been mentioned in the competition clause by both Telkom and Airtel that highlighted their inability to grow based on Safaricom’s lion’s share of the local mobile operator business. India's Bharti Airtel anouncement on Friday reut.rs/2SyMMhc that its unit, Airtel Networks Kenya Ltd, has agreed to merge with Telkom Kenya Ltd, the East African nation's smallest telecom operator is now active. A report that investigated the claims is yet to be fully examined by the Communications Authority of Kenya (CA) and parliament, and there is a likelihood it will be disca
M-Pesa’s position as the leading cash transfers service is set to face a new challenge with the launch of mobile money interoperability, which will see users send and receive money across networks in real time. The communications and banking sector regulators are today set to announce the start of a pilot test of the cross-network service beginning Monday next week, before its full launch to the public later on. The cross-network transfers will be limited to Airtel and Safaricom employees in the pilot phase. “One of the key reasons we need interoperability is to make sure that people are not limited by a closed network, you should be able to send money to anyone on any network and receive money from anyone,” said ICT minister Joe Mucheru in an interview yesterd
Telecommunications service provider, Airtel has unveiled its newly introduced Unlimited Data plans to boost mobile broadband connectivity. According to airtel, the plan will empower and create more prosperity opportunities for telecoms consumers as well as boost mobile internet broadband connectivity. The Home Broadband Service, allows customers to share data with colleagues, friends and family members with and the new package will empower telecoms consumers to have access to unlimited internet service at reasonable cost. “Airtel is committed to pioneering innovation, superior data experience and affordability.“Our new Unlimited is truly unlimited as we have stretched the threshold to deliver up to 100GB to telecoms consumers so that they can empower more people within their circle of
Equity Bank goes for special SIM cards for its mobile money service reports businessdailyafrica.com In Summary Equity Bank plans to issue consumers with the ultra-slim SIM cards that can sit on the back of normal SIM cards, saving users the trouble of migrating or carrying two phones. The layered SIM card can receive and make calls as an independent line and comes loaded with mobile wallets for financial services. The special SIM card allows users to access financial services and make cheap international phone calls by diverting traffic from the parent network to the carry-on SIM. Equity Bank’s customers will get special SIM cards to simultaneously access the lender’s mobile virtual network without parting ways with the existing telecoms operators. Equit