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The proposed law, if passed, could have a disruptive impact on industry leader Safaricom, which has in recent years upgraded M-Pesa into a digital platform that is poised to be the telco's biggest revenue driver. [Elvis Ogina,Standard]
Leading communications services provider Safaricom could be forced to break off M-Pesa from its core business if a new Bill is passed into law.
This follows proposed amendments to the Kenya Information and Communications (Amendment) Bill, 2019, spelling out a new licensing framework for Kenyan telecommunication service providers.
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