Since Orange is the majority shareholder in Telkom Kenya, I'm sure they would want to reduce their loses by selling their shareholding. I don't see a scenario where GoK can raise funds to buy back Orange. Indeed when Orange has tried to raise operating capital, GoK has always diluted itself because they are not willing or are broke. In that regard, it's obvious another investor will be convinced to takeup Orange stock. Over the years, governments have moved on to licensing, policy and regulation on the telecoms sector. A complete exit by government from the sector would be welcomed to prevent wanton waste of taxpayers money by bailing sinking ships. And it's only dictatorial regimes that would want to control the telecom sector like a radio volume control system. These are interesting times. On 05/03/2014, Barrack Otieno <otieno.barrack@gmail.com> wrote:
Hi Ali,
In the Kenyan scenario Orange should revert to government, we have competent human resources that can turn it around. National Telecom operators are critical resources that require investment from the state from a security and economic perspective
Best Regards On Mar 6, 2014 2:59 AM, "Ali Hussein" <ali@hussein.me.ke> wrote:
Listers
Back on the heels of the Yu decision to sell, I understand Orange is preparing to sell its African operations.
What are the ramifications of this in the bigger scheme of things?
Ali Hussein
+254 0770 906375 / 0713 601113
"I fear the day technology will surpass human interaction. The world will have a generation of idiots". ~ Albert Einstein
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