Orange prepares to exit African Market?
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? http://www.tmtfinance.com/news/orange-hires-adviser-african-exit?utm_source=Newsweaver&utm_medium=email&utm_content=ali%403mice.com&utm_campaign=TMT+Finance+News+Alert+05+March+2014 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 Sent from my iPad
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
Sent from my iPad
_______________________________________________ isoc mailing list isoc@orion.my.co.ke http://orion.my.co.ke/cgi-bin/mailman/listinfo/isoc
Barrack I respectfully disagree. The government can maintain an NSA ( I suspect they already do through NIS) type surveillance mechanism. We must try and maintain as little government involvement in business as possible. I have a sneaky suspicion that if Safaricom had remained with KP&TC it would have remained a 'Hole in the Wall' operation at Telcoms House opposite the Railway museum (apt maybe but certainly not beneficial to Kenya) instead of the colossus it has become touching almost every Kenyan life in one way or another. Meanwhile, the geniuses who devised the split into Posta, Safaricom, Telkom Kenya and CCK deserve our respect and gratitude. Regulation is where government belongs and despite everything I would say that CCK has by any measure been a good regulator. 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 Sent from my iPad
On Mar 6, 2014, at 10:43 AM, 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
Sent from my iPad
_______________________________________________ isoc mailing list isoc@orion.my.co.ke http://orion.my.co.ke/cgi-bin/mailman/listinfo/isoc
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
Sent from my iPad
_______________________________________________ isoc mailing list isoc@orion.my.co.ke http://orion.my.co.ke/cgi-bin/mailman/listinfo/isoc
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Dear Ali, Can't entirely be true as they (France Telecom) control 100% of the telecom markets in their colonies (yes, colonies) in West and Central Africa... On Thu, Mar 6, 2014 at 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
Sent from my iPad
_______________________________________________ isoc mailing list isoc@orion.my.co.ke http://orion.my.co.ke/cgi-bin/mailman/listinfo/isoc
:) Brian, time will tell I guess.. 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 Sent from my iPad
On Mar 6, 2014, at 11:04 AM, Brian Munyao Longwe <blongwe@gmail.com> wrote:
Dear Ali,
Can't entirely be true as they (France Telecom) control 100% of the telecom markets in their colonies (yes, colonies) in West and Central Africa...
On Thu, Mar 6, 2014 at 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
Sent from my iPad
_______________________________________________ isoc mailing list isoc@orion.my.co.ke http://orion.my.co.ke/cgi-bin/mailman/listinfo/isoc
participants (4)
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Ali Hussein -
Barrack Otieno -
Brian Munyao Longwe -
Kivuva