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Airtel hangs up on merger plan with Telkom Kenya

Airtel Shop on Koinange Street taken on 23rd January 2017. [Wilberforce Okwiri, Standard]

Mobile network operator Airtel has backed out of a planned merger with Telkom Kenya dealing a blow to the move that could have helped form a fairly formidable competitor to Safaricom.

The two loss-making operators have been in negotiations to merge, with expectations that the consolidation would have given them slightly more muscle and better chance of grabbing some market share from market leader Safaricom.

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