Kenya's telecoms regulator granted conditional approval to the nation's biggest telecoms operators - Safaricom and the local unit of Bharti Airtel - to buy the No. 3 network, Yu, operated by Essar Telecoms.
The regulator said on Friday it would approve the deal, subject to Safaricom and Airtel each paying a $5.4-million fee for the licence belonging to Yu.
The regulator said on Friday it would approve the deal, subject to Safaricom and Airtel each paying a $5.4-million fee for the licence belonging to Yu.