About 140 former yuMobile employees are set to start work at
Safaricom on Monday, as part of the Sh11 billion joint buyout that also
saw Airtel take over the exiting rival’s customers a fortnight ago.
The
move by Safaricom to integrate the ex-yuMobile employees into its
workforce is yet another significant step toward closing the
multi-billion shilling transaction.
Airtel Kenya integrated 2.55 million yuMobile customers (and 25 staff) into its network two weeks ago.
“The
former yuMobile employees are officially joining the company on
February 2, bringing the acquisition to a close,” said Safaricom’s
corporate affairs director Nzioka Waita in an interview.
Safaricom
paid yuMobile Sh7.2 billion last year to acquire the Indian-owned
telco’s assets, frequency spectrum, transmission towers and IT equipment
as well as 150 employees.
Airtel Kenya paid Sh4
billion to the global conglomerate Essar to acquire its customer base
and use the brand name for at least two years.
The bulk
(70) of the staff will be absorbed into Safaricom’s technical team
which focuses on both network and hardware equipment.
About
five will be deployed in M-Pesa business while the rest will go to
business support, HR, risk, marketing and strategy departments.
Safaricom said they had all been absorbed “at similar or higher positions than they had at Essar”.
Safaricom said they had all been absorbed “at similar or higher positions than they had at Essar”.
“The
new staff members will first go through a week’s orientation before
being deployed to their stations,” said Mr Waita. The new staff will be
based at Essar House in Westlands, which was also part of the
acquisition.
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