Home Business Safaricom mulls writing off Telkom, Airtel Sh1.5bn debt

Safaricom mulls writing off Telkom, Airtel Sh1.5bn debt

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Business Daily | by Otiato Guguyu


Telecoms operator Safaricom is likely to write off a Sh1.5 billion debt owed by rival telcos Telkom and Airtel after it made provisions for loss of the funds.

Telkom and Airtel owe Safaricom for using its infrastructure known as co-location and interconnection fees from cross-network calls…

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