Telkom Kenya Calls on Market Regulator to Ensure Sector Fairness

Telkom Kenya is calling upon industry regulator, the Communications Authority of Kenya, to ensure a level playing field in the sector.

The call comes weeks after the telco pulled out of merger plans with Airtel Kenya that was supposed to make the two a viable competitor to a long time dominant industry leader Safaricom.

In a meeting, Telkom Kenya Managing Director Mugo Kibati vocalized dominance as an issue that needs addressing in any market. He called upon regulators to ensure fairness in the market.

“Dominance is an issue that must always be addressed in any market,” said Kibati.

Telkom Kenya also recently restructured its business in a bid to become “a thriving integrated Telco provider.” The telco laid to rest old divisions in favour of new ones.

Safaricom is Kenya’s number one telco, with a 64.8 per cent market share in mobile subscriptions followed by Airtel Kenya and Telkom Kenya with 26.6 and 5.8 per cent respectively, according to CA’s third-quarter sector statistics report.

M-Pesa, Safaricom’s mobile money product, remains unrivalled. M-Pesa recorded its highest market share of 98.8 per cent as of March.

Follow us on TelegramTwitterFacebook or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates.

Facebook Comments

[TechTrends Podcast] Unpacking Bolt's Strategy for Kenya.

Alvin Wanjala

Alvin Wanjala has been writing about technology for over 2 years. He writes about different topics in the consumer tech space. He loves streaming music, programming, and gaming during downtimes.

Have anything to add to this article? Leave us a comment below

Back to top button