Safaricom rejects Airtel, Yu's use of M-Pesa agents

Friday 14 February 2014 | 14:16 CET | News
Kenyan operator Safaricom has rejected the push by rivals Airtel and Yu to use M-Pesa agents to offer their mobile money services. Safaricom said it has spent billions of shillings to grow the M-Pesa agency and would not open the shops to rival operators, the Business Daily reported. The move comes after Airtel Kenya petitioned the competition watchdog to take action against Safaricom barring M-Pesa agents from offering the rival's mobile payment services, arguing that the practice amounts to an abuse of dominance. Safaricom reckons that its rivals have an equal opportunity to grow their

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Categories: Mobile & Wireless
Companies: Airtel Kenya / Safaricom / Yu
Countries: Kenya
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