SAFARICOM Limited, East Africa’s largest mobile network operator and Telkom Kenya, have formed a business partnership in order to manage their transmission base stations.
Telkom Kenya Chief Executive Officer, Michael Ghossein says the latest development was aimed at consolidating future needs of central planning of transmissions to boost communication.
“We expect that in addition to the initial equity and debt financing, each partner will contribute some of its existing infrastructure into a common pool,” says Ghossein.
Safaricom Chief Executive Officer, Bob Collymore says negotiations with Telkom Kenya for joint cooperation were at an advanced stage.
“The plan was prompted by the need for the industry to explore improved cost efficiency on infrastructure management,” says Collymore.
The two Kenyan companies have well above 4 000 transmission towers across the country with the East Africa’s largest mobile network boasting of more than 25 million subscribers.
By: Staff Writer