State fully acquires Telkom Kenya in Sh6.09 billion deal
The Treasury has acquired a 60 percent stake in Telkom Kenya from UK-based private equity fund, Helios Investment Partners, for Sh6.09 billion, making the company fully State-owned. Read more: https://www.businessdailyafrica.com/bd/corporate/companies/state-fully-acqui...
Interesting, just curious why Telkom has been interchanging hands, could it be a landing pad, what are the implications of government retaining key control?, Telkom indeed is the custodian of NOFBI the National Superhighway and as such a critical player. Best Regards On Tue, Oct 4, 2022 at 1:18 PM Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The Treasury has acquired a 60 percent stake in Telkom Kenya from UK-based private equity fund, Helios Investment Partners, for Sh6.09 billion, making the company fully State-owned.
Read more: https://www.businessdailyafrica.com/bd/corporate/companies/state-fully-acqui... _______________________________________________ KICTANet mailing list KICTANet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
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NOFBI was being handed over to ICTA. With the new arrangements, we are watching keenly on how NOFBI will be managed going forward. Best Regards, ______________________ Mwendwa Kivuva, Nairobi, Kenya https://www.linkedin.com/in/mwendwa-kivuva On Thu, 6 Oct 2022 at 07:22, Barrack Otieno via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
Interesting, just curious why Telkom has been interchanging hands, could it be a landing pad, what are the implications of government retaining key control?, Telkom indeed is the custodian of NOFBI the National Superhighway and as such a critical player.
Best Regards
On Tue, Oct 4, 2022 at 1:18 PM Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The Treasury has acquired a 60 percent stake in Telkom Kenya from UK-based private equity fund, Helios Investment Partners, for Sh6.09 billion, making the company fully State-owned.
Read more: https://www.businessdailyafrica.com/bd/corporate/companies/state-fully-acqui... _______________________________________________ KICTANet mailing list KICTANet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Twitter: https://twitter.com/KICTANet/ Facebook: https://www.facebook.com/KICTANet/ Instagram: https://www.instagram.com/KICTANet/ LinkedIn: https://www.linkedin.com/company/18428106/admin/ YouTube: https://www.youtube.com/channel/UCbcLVjnPtTGBEeYLGUb2Yow/
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
--
*Barrack Otieno* *Trustee* *Kenya ICT Action Network (KICTAnet)* *Skype:barrack.otieno* *+254721325277*
*https://www.linkedin.com/in/barrack-otieno-2101262b/ <https://www.linkedin.com/in/barrack-otieno-2101262b/>* *www.kictanet.or.ke <http://www.kictanet.or.ke>* _______________________________________________ KICTANet mailing list KICTANet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
Revealed: Revealed: How NIS stopped planned merger of Telkom Kenya and Airtel | Nation <https://nation.africa/kenya/business/revealed-how-nis-stopped-planned-merger-of-telkom-kenya-and-airtel-3979420> *Kind Regards,* *David Indeje *_____________________________________ +254 (0) 711 385 945 | +254 (0) 734 024 856 <https://www.linkedin.com/in/david-indeje/> On Thu, 6 Oct 2022 at 11:10, Mwendwa Kivuva via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
NOFBI was being handed over to ICTA. With the new arrangements, we are watching keenly on how NOFBI will be managed going forward.
Best Regards, ______________________ Mwendwa Kivuva, Nairobi, Kenya https://www.linkedin.com/in/mwendwa-kivuva
On Thu, 6 Oct 2022 at 07:22, Barrack Otieno via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
Interesting, just curious why Telkom has been interchanging hands, could it be a landing pad, what are the implications of government retaining key control?, Telkom indeed is the custodian of NOFBI the National Superhighway and as such a critical player.
Best Regards
On Tue, Oct 4, 2022 at 1:18 PM Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The Treasury has acquired a 60 percent stake in Telkom Kenya from UK-based private equity fund, Helios Investment Partners, for Sh6.09 billion, making the company fully State-owned.
Read more: https://www.businessdailyafrica.com/bd/corporate/companies/state-fully-acqui... _______________________________________________ KICTANet mailing list KICTANet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Twitter: https://twitter.com/KICTANet/ Facebook: https://www.facebook.com/KICTANet/ Instagram: https://www.instagram.com/KICTANet/ LinkedIn: https://www.linkedin.com/company/18428106/admin/ YouTube: https://www.youtube.com/channel/UCbcLVjnPtTGBEeYLGUb2Yow/
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/barrack%40kictanet.or....
KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
--
*Barrack Otieno* *Trustee* *Kenya ICT Action Network (KICTAnet)* *Skype:barrack.otieno* *+254721325277*
*https://www.linkedin.com/in/barrack-otieno-2101262b/ <https://www.linkedin.com/in/barrack-otieno-2101262b/>* *www.kictanet.or.ke <http://www.kictanet.or.ke>* _______________________________________________ KICTANet mailing list KICTANet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Twitter: https://twitter.com/KICTANet/ Facebook: https://www.facebook.com/KICTANet/ Instagram: https://www.instagram.com/KICTANet/ LinkedIn: https://www.linkedin.com/company/18428106/admin/ YouTube: https://www.youtube.com/channel/UCbcLVjnPtTGBEeYLGUb2Yow/
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
_______________________________________________ KICTANet mailing list KICTANet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet
Twitter: https://twitter.com/KICTANet/ Facebook: https://www.facebook.com/KICTANet/ Instagram: https://www.instagram.com/KICTANet/ LinkedIn: https://www.linkedin.com/company/18428106/admin/ YouTube: https://www.youtube.com/channel/UCbcLVjnPtTGBEeYLGUb2Yow/
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
Six years later, the performance of Telkom Kenya under Helios remain mixed. The biggest thing to happen in the five years has been asset-stripping activity. The biggest revenue earning achievements has occurred in asset- stripping and increased activity. In 2018, Telkom Kenya offloaded Extelecoms House - the multi storey building on Haile Selassie Avenue - to the Central Bank of Kenya (CBK) at a consideration of Sh1.15 billion. A few months later, the company announced that it had sold 720 tower sites in a sale and lease back deal to the American Tower Company of the United States at a consideration of a whopping Sh16.9 billion.-- Best Regards, ______________________ Mwendwa Kivuva, Nairobi, Kenya https://www.linkedin.com/in/mwendwa-kivuva
participants (4)
-
Barrack Otieno -
David Indeje -
Mwendwa Kivuva -
Victor Kapiyo