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

safaricom plc


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…

Read more…

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here