interoperability

Kenya’s telcos separating mobile money businesses, could this trigger evolution?

By George Bodo

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Posted on December 21, 2022 09:52

© An employee counts money inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre within the Westlands district of Nairobi, Kenya January 29, 2021. REUTERS
An employee counts money inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre within the Westlands district of Nairobi, Kenya January 29, 2021. REUTERS

The three mobile telecommunications companies (telcos) in Kenya are separating their mobile money businesses from telecommunications.

For Safaricom, a listed company, spinning-off and listing M-Pesa as a separate entity presents more valuation upside for its shareholders. 

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