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General

Kenya insists Orange must clear all debts

Monday 30 November 2015 | 13:25 CET | News
Communications Authority of Kenya (CA) says Orange Kenya has operated for two financial years without paying for requisite licences and frequencies, Business Beat reported. CA Director General Francis Wangusi said that Orange Kenya, the country's third largest mobile operator, has not settled its dues, an indication it is struggling to stay afloat. The revelations come at a time when France's Orange, which holds a 70 percent stake in Orange Kenya, announced it is exiting the Kenyan market by selling its stake to Helios Investment Partners. Wangusi says the operator must pay all debts owed to

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Categories: General
Companies: Orange Kenya
Countries: Kenya
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