Nairobi — Kenya's anticorruption commission said on Wednesday it had suspended a planned merger of Airtel Kenya with partly state-owned Telkom Kenya, pending a probe into allegations about the misappropriation of public funds at Telkom.

India's Bharti Airtel had said in February its Airtel Networks Kenya unit had agreed to buy Telkom Kenya, the East African nation's smallest operator, in which the state still holds 40% after a majority stake was sold in 2007...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now