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Airtel unable to meet financial obligations

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There has been talk about how deeply in debt Nakumatt is, with the figure declared to government standing at 30 billion shillings. But, there is a company whose debt is one and a half times greater. Airtel Kenya. The telco closed 2016 being 45 billion shillings in debt, meaning that it is unable to meet any of its financial obligations that mature this year, even if it sold all its assets. This is according to a financial report published on Airtel's parent company's website.Watch more NTV Kenya videos at ntv.co.ke and nation.co.ke.Follow @ntvkenya on Twitter.Like our page on Facebook: NTV Kenya.Follow and Double tap on Instagram: NTV Kenya Join Our Telegram channel: www.telegram.me/NTVNewsRush

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nation media group NTV Kenya ntv news kenya ntv NMG videos ktn kenya k24 kenya kbc kenya kenyan news african news kenyan TV East africa news kenya citizen tv ntv videos ntv kenya videos ntv habari Airtel airtel losses Airtel loss Aiterl financial health Nakumatt Airtel debt
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