The Communications Commission of Kenya (CCK) said it had received applications from the firms to allow the transaction that will see Safaricom and Airtel spend a combined USD 100 million.

Local newspaper reports said Safaricom, which is 40 percent owned by Vodafone, will get Yu's infrastructure such as base stations in a bid to improve the quality of its network.

Meanwhile Airtel is expected to acquire the subscriber base that Yu has built up since entering the Kenyan market in 2008, said a newspaper.

Bob Collymore, the chief executive of Safaricom, said they would make a formal announcement when the deal is finalized.


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