High Court Dismisses Faulu Bid to Block M-Shwari
This afternoon, the High Court of Kenya threw out Faulu Kenya's legal bid to stop the operations of M-Shwari pending the determination of its claim of intellectual property infringement by leading telecom's service provider Safaricom Limited.
'We are pleased with the decision by Hon Justice Havelock because any stoppage of M-Shwari would have adversely impacted the finances of over 700,000 Kenyans who have embraced the revolutionary product and have already saved millions of shillings with M-Shwari' said Safaricom's Director Corporate Affairs, Nzioka Waita.
We further respect the decision of the High Court to retain the matter before it instead of referring it to the Intellectual Property Tribunal.
It remains our view that Faulu's suit was not filed on good faith and we look forward to the full hearing of the case as this will give us an opportunity not only to debunk the claims by Faulu, but to assert that Safaricom Limited respects the value of intellectual property rights and this will be self evident when the details of the suit are placed before the High Court.
This afternoon, the High Court of Kenya threw out Faulu Kenya's legal bid to stop the operations of M-Shwari pending the determination of its claim of intellectual property infringement by leading telecom's service provider Safaricom Limited.
'We are pleased with the decision by Hon Justice Havelock because any stoppage of M-Shwari would have adversely impacted the finances of over 700,000 Kenyans who have embraced the revolutionary product and have already saved millions of shillings with M-Shwari' said Safaricom's Director Corporate Affairs, Nzioka Waita.
We further respect the decision of the High Court to retain the matter before it instead of referring it to the Intellectual Property Tribunal.
It remains our view that Faulu's suit was not filed on good faith and we look forward to the full hearing of the case as this will give us an opportunity not only to debunk the claims by Faulu, but to assert that Safaricom Limited respects the value of intellectual property rights and this will be self evident when the details of the suit are placed before the High Court.