Bharti Airtel and Telkom Kenya merging in Kenya

New company to be called Airtel Telkom.
Bharti Airtel, Telkom Kenya, Kenya, Africa, Safaricom, Business, Merger, Tech, Technology, Airtel Telkom

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The new entity will likely pose a greater challenge to Kenya's market leader, Safaricom.

Bharti Airtel and Telkom Kenya are reportedly merging their operations, creating a new company that will be called Airtel Telkom.

In a statement , the India-based Bharti Airtel said its Airtel Kenya subsidiary had signed an agreement with Telkom Kenya to merge their respective mobile, enterprise and carrier services businesses to create a new joint entity, Airtel Telkom.

No financial details were disclosed. The deal is also subject to regulatory approval.

The merger is reportedly several years in the making.

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