US firm to acquire Telkom Kenya communication sites - WHY

[Conservative_dude]

@S_Lilly

You don’t copy what a private company has done, when you property portfolio is so rich. Kenya Telkom failed because its directors obstructed expansion in the right direction to give mileage to Safaricom – the 5%.

It is not possible to succeed when you choose the wrong action - It has become a milking cow via debt. Telkom is viable, it needs to Partner with honest Partners - vision; look toward Countries like South Korea, Estonia or Singapore; Telkom would get a transformation and technological transfer of another level with a reach to the East African counties.

Telkom has more advantages than Safaricom, yet it is stuck competing for few customers, why.

For your information, Telkom is now under the control of Hellios group. They have a better turnaround plan than their predecessors. Just watch the space.

[Conservative_dude]

@General Specific

Iuzwe we get better services. Na hao wazungu wakishindwa pia hao wauze hadi ile siku tutapata good services

Elder uko na ujinga sana

[MortyTuumbo]

@Conservative dude

Hellios is a UK company and not Nigerian.

Contrary to your assertions, Telkom is the company to watch in the coming years. Since Hellios came on board last year, they have rebranded the company, brought a new management team on board, and for the first quarter of 2018 they had the highest number of new subscribers. They have also launched attractive data plans and plans are underway to expand their 4 G services beyond Nairobi. If the trend continues, I believe an IPO would be in the offing.

Head office maybe in the UK but it’s owned by Nigerians.

It’s all well and good if they’re rising out of the gutter. I’m just worried that them selling there infrastructure to the Americans will be potentially more risky than the reward.

[spear]

@Conservative dude

For your information, Telkom is now under the control of Hellios group. They have a better turnaround plan than their predecessors. Just watch the space.

Yeah, let them grow subscribers numbers organically by offering better and reliable services at a fair price. Let them concentrate on their own game first, break even then start trying to rival safcom. Hii kitu you come in and expect to taken on safaricom in one or two years leads to terrible strategy and when it fails you start asking GoK to shutdown Safaricom.

[Conservative_dude]

@MortyTuumbo

Head office maybe in the UK but it’s owned by Nigerians.

It’s all well and good if they’re rising out of the gutter. I’m just worried that them selling there infrastructure to the Americans will be potentially more risky than the reward.

Communication sites are better leased. It is easier to manage that way.

[MortyTuumbo]

@Conservative dude

Communication sites are better leased. It is easier to manage that way.

For a quid quo pro. What we’ll be inviting is total access to our communication systems to the Americans and the NSA and CIA. They could easily get a upper hand when it comes to negotiating deals etc.

[shocks]

@Conservative dude

Hellios is a UK company and not Nigerian.

Contrary to your assertions, Telkom is the company to watch in the coming years. Since Hellios came on board last year, they have rebranded the company, brought a new management team on board, and for the first quarter of 2018 they had the highest number of new subscribers. They have also launched attractive data plans and plans are underway to expand their 4 G services beyond Nairobi. If the trend continues, I believe an IPO would be in the offing.

You have a point, telkom is replacing Airtel pole pole as the preferred SIM 2

[spear]

@MortyTuumbo

For a quid quo pro. What we’ll be inviting is total access to our communication systems to the Americans and the NSA and CIA. They could easily get a upper hand when it comes to negotiating deals etc.

They don’t need the site to tap into the network. That was the 70’s.

[S_Lilly]

@Conservative dude

For your information, Telkom is now under the control of Hellios group. They have a better turnaround plan than their predecessors. Just watch the space.

Is this the Hellio’s some one has pointed out is a Nigeria outfit. OK

There was a time when a gang of Nigerian’s had set shop at the Kenya Post and telecommunication, having mysterious acquired the keys and could access letters and packages especially those arriving with valuables. They were able to pick and selected all items of value. When the huge losses were investigated, it was discovered a group of Nigerian had full access to high secured areas and neither were they employees or with valid resident permits. The house they were residing in was found to contain thousands upon thousands of letters and packages, having picked out a fortune of valuables, for God only know how many years.

As you can expect they ALL escaped without a trace, disappearing into destinations unknown. I just wonder what stops any one reappearing in a different guise to acquire an institute plundered with the very resources. Blind fools get conned over and over.

[Conservative_dude]

@S_Lilly

Is this the Hellio’s some one has pointed out is a Nigeria outfit. OK

There was a time when a gang of Nigerian’s had set shop at the Kenya Post and telecommunication, having mysterious acquired the keys and could access letters and packages especially those arriving with valuables. They were able to pick and selected all items of value. When the huge losses were investigated, it was discovered a group of Nigerian had full access to high secured areas and neither were they employees or with valid resident permits. The house they were residing in was found to contain thousands upon thousands of letters and packages, having picked out a fortune of valuables, for God only know how many years.

As you can expect they ALL escaped without a trace, disappearing into destinations unknown. I just wonder what stops any one reappearing in a different guise to acquire an institute plundered with the very resources. Blind fools get conned over and over.

Quite unrelated events. For your information, there is no single Nigerian seconded from Helios to manage Telkom. Not a single one. They picked a French CEO and the rest of the top management are Kenyans. The only West African who comes close to being Nigerian is Kris Senanu. His parents were Ghanian and he has lived in Kenya since the early 90’s.

This is the same company that had invested in Equity some years back. In fact, the company was the largest single shareholder of Equity bank. They had a stake of about 25%, which they sold for around 52B. Did that make Equity Nigerian? Please read your history about this company and its activities.

After Helios liquidated their shares, they then invested in Orange Kenya and immediately rebranded the company Telkom Kenya. I believe it is the profits that they got from Equity that they are re-investing in Telkom.

Helios is a private equity group and their activities are known. Google should be your friend from this point onwards.

[MortyTuumbo]

@spear

They don’t need the site to tap into the network. That was the 70’s.

Wiretapping is still very relevant.

We’re not going to forget the Americans were wiretapping Angela Merkel phones.

[spear]

@MortyTuumbo

Wiretapping is still very relevant.

We’re not going to forget the Americans were wiretapping Angela Merkel phones.

You are taking the word wiretapping literary instead of the act.

[MortyTuumbo]

@spear

You are taking the word wiretapping literary instead of the act.

All forms still exist mind it cyber hacking, backdoors in hard drives etc.

[Coastman001]

@S_Lilly

You don’t copy what a private company has done, when you property portfolio is so rich. Kenya Telkom failed because its directors obstructed expansion in the right direction to give mileage to Safaricom – the 5%.

It is not possible to succeed when you choose the wrong action - It has become a milking cow via debt. Telkom is viable, it needs to Partner with honest Partners - vision; look toward Countries like South Korea, Estonia or Singapore; Telkom would get a transformation and technological transfer of another level with a reach to the East African counties.

Telkom has more advantages than Safaricom, yet it is stuck competing for few customers, why.

Mpesa.

[Coastman001]

@spear

Hakuna kitu unajua, KPTC property portfolio is held under Trust. Its not part of Telkom since it still remains public land that NLC should have a say on. That became clear when Telkom and Airtel were discussing a merger. Telkom has leases for the land but not ownership.

Safaricom was a department under KPTC, former president Moi privatised it to Vodafone. It was split from KPTC. Also split from KPTC was Telkom Kenya, CCK and Posta. Before 2008, Safaricom was 49% owned by GoK and 51% by Vodafone. Telkom Kenya sat on that board on behalf of GoK. Vodafone picked CEO and CFO, Telkom picked Chairman of the board. They shared sites. In 2008 former President Kibaki initiated Safaricom IPO where GoK would reduce its shareholding from 49% to 20%. Vodafone kept its full 51%. Vodafone had conditions in order to okay it since on contract they had first option to offer to buy the shares. They demanded Telkom to be removed as GoK rep on the board but Treasury to take that seat directly. They also wanted full separation of sites and shared facilities. Why? Telkom wasn’t paying its end of the shared costs. It was agreed. 2009 Gok sold 60% shares of Telkom to France Telkom aka Orange.

The falsehoods posted here…
At no point did Vodafone Kenya EVER have a majority stake in Safaricom.Safaricom started as a department of KPTC ,then the Government sold 40% to Vodafone around 1999-2000
Safaricom was 60% owned by the Government of Kenya(through Telkom Kenya until France Telkom came into the mix and then directly afterwards) and 40% owned by Vodafone Kenya.
During the IPO in 2008.The Government reduced its stake to 35% while Vodafone Kenya maintained its 40% stake.
Safaricom has used Vodafone branding in the past(if you look at the first Safaricom logo it has the inverted vodafone comma above the i) but that does not mean that Vodafone has ever had a majority shareholding.Ever.