Following a publication by the Economic Times that seemed to suggest Sunil Mittal, founder and chairman of Bharti Enterprises, that the telecom is currently actively engaged in exploring options of either purchase, merger, or intra-country sales of its businesses in Kenya, Rwanda, and Tanzania. The telecom has issued a press release to set the record straight, ‘we’re not exiting the said market if anything we are consolidating our businesses there.’
However, this is not the first time the stakeholder have gotten mixed signals about the company’s business viability; especially in Kenya where Safaricom seems to be overwhelming it. Early this year, Airtel Kenya felt the need to come out publicly and reassure its subscribers that it has no intentions of closing shop and moving out of the country.
Yet again, Airtel Kenya has come out in light of recent reports that it is thinking of exiting Kenya, Rwanda, and Tanzania to reassure subscribers that it is in to stay. In a press statement to newsrooms, Bharti Airtel says they have no intentions of closing down operations in the three countries, and they have:
“consistently stated that …read more