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Wireless

Kenya mulls new bill to separate mobile money from lending units at Safaricom, Airtel, Telkom Kenya

Monday 24 June 2019 | 11:56 CET | News
Kenyan operators Safaricom, Airtel and Telkom Kenya will be required to split their telecom business from their mobile money transfer and lending units if a bill set to be presented for debate in Parliament is passed into law, Business Daily reported. The Kenya Information and Communications (Amendment) Bill 2019, which is sponsored by Member of Parliament Elisha Odhiambo, is seeking to compel mobile phone companies to form separate arms to manage any other business they engage in outside telecommunications services.

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Categories: Mobile & Wireless
Companies: Safaricom / Telkom Kenya
Countries: Kenya
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