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| Safaricom CEO Bob Collymore. |
Nairobi, Kenya: The Communications Authority of Kenya (CAK) has renewed Safaricom’s operating licence for ten years. The firm paid a Sh2.3 billion renewal fee.
This ends a tussle between the two on the renewal of the firm’s licence that has gone on for months. At some point, the regulator had threatened not to renew Safaricom’s licence upon expiry of the licence this month due to poor service delivery.
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