By George Obulutsa
NAIROBI (Reuters) - Kenya's telecoms regulator granted conditional approval to the country's biggest telecom companies, Safaricom
Safaricom, which is 40 percent owned by Vodafone
Yu is operated by India's Essar Telecoms. The deal would leave Kenya with three mobile phone service providers, including smaller player Telkom Kenya, owned by France's Orange
The regulator said on Friday it would approve the Yu deal, subject to Safaricom and Airtel each paying a $5.4 million fee for Yu's licence and meeting several conditions.
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The conditions cover areas such as infrastructure sharing and cooperation between the companies on customer money transfer services and SIM registrations.
The director general of Kenya's Communications Commission, Francis Wangusi, told reporters that final approval would be given if the two firms meet those conditions and the deal is cleared by the competition authority.
Safaricom
(Writing by James Macharia; editing by Tom Pfeiffer)