Tuesday
January 9
2018

Kenya ops slam regulator for failing to curb Safaricom

Safaricom’s rival operators hit out at the Communications Authority of Kenya (CA) for failing to deal with the market leader’s dominance, after it removed controversial recommendations to split the company from a competition report.

According to Business Daily, CA weakened proposals to impose full mobile money interoperability on Safaricom and scrapped references to force a split of mobile money service m-Pesa from its wireless business.

The local unit of Airtel and Telkom Kenya criticised the regulator for watering down proposals in the document, which is expected to be released to the public later this month.

CA said the changes were made following extensive consultation with stakeholders.

Photo courtesy of Neil Palmer.

 

Source: Mobile World Live (link opens in a new window)

Categories
Finance
Tags
financial services, fintech, mobile money, mobile technology, regulations, telecommuications