(Reuters) - Kenya will have to change its rules on shareholding caps for foreign investors in the telecoms sector in order for the country to get a second national operator soon, to boost competition, analysts said on Tuesday.
Kenyan law requires that 30 percent of telecoms firms be in local hands. This has led to the cancellation of two new licences and a legal tussle among the foreign and local shareholders in the country's third mobile phone operator.
Read more at Reuters Africa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment