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Anti-trust rules won t fix telcos woes - Business Daily

Anti-trust rules won’t fix telcos woes Friday July 23 2021 By JAINDI KISERO Look at the battles between anti-trust authorities with technology behemoths such as Facebook, Google and Amazon. The fight Chinese authorities have been having with Alibaba is yet another indicator of the changing times. When you look at the trends, the picture you see is that anti-trust authorities are no longer obsessed with breaking up companies into smaller pieces. I just don’t think that the government has thought through a clear strategy on how it wants the mobile telephone sector to grow and evolve, especially after it torpedoed the proposed merger of Telkom Kenya and Airtel Networks two years ago.

Airtel eyes waiver on the 30pc local ownership rule

Airtel eyes waiver on the 30pc local ownership rule Summary Airtel Africa is considering seeking an extension or exemption from rules requiring it to cede a 30 percent stake in local subsidiaries to Kenyan investors by March 2024. Sidestepping the ownership rules could, however, force the multinational to pay $20 million (Sh2.1 billion) for its expired licence. Tuesday July 13 2021 By VICTOR JUMA Summary Airtel Africa is considering seeking an extension or exemption from rules requiring it to cede a 30 percent stake in local subsidiaries to Kenyan investors by March 2024. Sidestepping the ownership rules could, however, force the multinational to pay $20 million (Sh2.1 billion) for its expired licence.

Surendran Becomes Airtel Nigeria CEO

Airtel Networks Limited (Nigeria) has announced the appointment of Mr. C. Surendran as its Managing Director and Chief Executive Officer with effect from August 1, 2021. In addition, Surendran has been appointed to the Executive Committee as Regional Operating Director, reporting to the CEO of Airtel Africa Plc, and onto the Board of Airtel Networks (Nigeria) Limited. Ogunsanya will become Managing Director and Chief Executive Officer of Airtel Africa with effect from 1 October 1,2021, with a transition period from 1 August 2021. Airtel Nigeria announced the replacement of Ogunsanya in a statement, recently. According to the statement, Surendran has been with Bharti Airtel since 2003, and has contributed immensely in various roles across customer experience, sales and business operations. In his most recent role as CEO Karnataka, which is the largest circle in Airtel India with over $1 billion in revenue, Surendran delivered exceptional performance with significant movement in re

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