Friday, April 19, 2024
No menu items!
Ad

Top 5 This Week

bama cap

Related Posts

Kenya’s Airtel & Safaricom Mobile Money Squabble Gets Out Of Court

vs

- Ad -

The battle of supremacy between Airtel Kenya and Safaricom is still on, the two telecommunications companies have asked for more time to negotiate an out of court settlement in the Mobile Money market dominance squabble.

Last year, Airtel had filed a complaint against Safaricom accusing it of abusing its market dominance. Airtel said that safaricom was restricting the market to unhealthy competition thus closing the market outlets.

- Ad-

Communications Commission of Kenya (CCK), the country’s regulator, had asked the two parties to bring evidence for and against the claims but there has not been much negotiation to resolve the dispute.

Airtel appealed, but has now, along with the CCK and Safaricom asked the court to give them more time to seek a negotiated settlement.

- Ad -

They have until the 5th May to resolve the issue before it heads back to court.

- Ad -
Caroline Vutagwa
Caroline Vutagwahttps://my.techmoran.com
Minding my own business is not enough for me that's why you will always find me minding Africa's Businesses as well as Technology and of course letting you know about it. Talk to me on [email protected]

Popular Articles