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Consultant backs down on proposal to split Safaricom

Safaricom mobile retailers give service to revellers at a past event. [Photo by David Gichuru/Standard]

Mobile service provider Safaricom has gained a reprieve after the firm contracted to assess competition in the telco industry backed down from an earlier proposal to split the company.

UK consultancy firm Analysys Mason said yesterday it changed its tune after consultations with industry players.

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