Kenya: Lower mobile phone calling rates put on ice

Mobile phone users should not expect any further call price cuts for now. This is after Safaricom and Telkom Kenya got backing from the country’s top offices - that of the President and of the Prime Minister to suspend implementation of new termination rates. Safaricom and Telkom Kenya had warned that a further cut would have a negative effect on the sector’s profitability, risk of job losses, curtail new capital investments, reduce government revenue and competitiveness.