[kictanet] kictanet Digest, Vol 73, Issue 16
robert yawe
robertyawe at yahoo.co.uk
Wed Jun 5 13:46:47 EAT 2013
They already own Telkom
Robert Yawe
KAY System Technologies Ltd
Phoenix House, 6th Floor
P O Box 55806 Nairobi, 00200
Kenya
Tel: +254722511225, +254202010696
________________________________
From: Ali Hussein <ali at hussein.me.ke>
To: robert yawe <robertyawe at yahoo.co.uk>
Cc: KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
Sent: Wednesday, 5 June 2013, 10:40
Subject: Re: [kictanet] kictanet Digest, Vol 73, Issue 16
Robert
There are unique Private Equity Funds that would probably buy. They are called Vulture Funds.
Ali Hussein
CEO | 3mice interactive media Ltd
Principal | Telemedia Africa Ltd
+254 713 601113
"The future belongs to him who knows how to wait." - Russian Proverb
Sent from my iPad
On Jun 5, 2013, at 10:21 AM, robert yawe <robertyawe at yahoo.co.uk> wrote:
Onchari,
>
>Would you buy shares of Telkom if they were offered to you?
>
>The NSE is not a dumping ground for non-performing companies.
>
>Regards
>
>
>
>
>Robert Yawe
>KAY System Technologies Ltd
>Phoenix House, 6th Floor
>P O Box 55806 Nairobi, 00200
>Kenya
>
>
>Tel: +254722511225, +254202010696
>
>
>________________________________
> From: Edwin Onchari <eonchari at lynxbits.com>
>To: robertyawe at yahoo.co.uk
>Cc: KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
>Sent: Tuesday, 4 June 2013, 20:59
>Subject: [kictanet] kictanet Digest, Vol 73, Issue 16
>
>
>Telkom Kenya and France should relinquish their shareholding to less than
>30%, and allow private equity (through NSE listing) to own the remaining 70%
>and get a competent team to run the corporation. Makes no sense why the
>organization is making losses with the sort of infrastructure and asset base
>it enjoys. Staff within the organization are both demoralized and lack
>requisite skills to turn this elephant to profitability.
>
>Edwin
>
>
>-----Original Message-----
>From: kictanet
>[mailto:kictanet-bounces+eonchari=lynxbits.com at lists.kictanet.or.ke] On
>Behalf Of kictanet-request at lists.kictanet.or.ke
>Sent: Tuesday, June 04, 2013 8:10 PM
>To: Edwin
>Subject: kictanet Digest, Vol 73, Issue 16
>
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>Today's Topics:
>
> 1. Re: Is Telkom Kenya insolvent and should the Government bail
> it out? Again? (Barrack Otieno)
> 2. Re: Is Telkom Kenya insolvent and should the Government bail
> it out? Again? (Ali Hussein)
>
>
>----------------------------------------------------------------------
>
>Message: 1
>Date: Tue, 4 Jun 2013 19:04:23 +0300
>From: Barrack Otieno <otieno.barrack at gmail.com>
>To: Phares Kariuki <pkariuki at gmail.com>
>Cc: KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
>Subject: Re: [kictanet] Is Telkom Kenya insolvent and should the
> Government bail it out? Again?
>Message-ID:
> <CAKX6dsFEhQFyV+LP3WgMv_5i_VT0R6PeXawnZ0O8U556aKZ=aA at mail.gmail.com>
>Content-Type: text/plain; charset="windows-1252"
>
>You nailed it Phares, exactly!
>
>
>On Tue, Jun 4, 2013 at 6:47 PM, Phares Kariuki <pkariuki at gmail.com> wrote:
>
>> Not so
simple?
>>
>> Telkom Kenya (at some point between 2006/2007), was East Africa's
>> largest company by assets?
>>
>> Even if Orange was shortchanged by 300M USD, there are still
>> significant real estate holdings (all the telephone exchanges - the
>> land they have etc etc).
>>
>> These are assets which were bought with public cash. It's a tricky
>> situation where the government either throws good money after what is
>> potentially a bad investment or the government lets Telkom die (with a
>> significant investment of our tax money)? Simply letting the
>> organization go, might cost the country more in terms of asset loss?
>>
>>
>> On Tuesday, June 4, 2013 at 9:54 AM, Adam Nelson wrote:
>>
>> IMHO, the easy solution is for the government to divest its share and
>> let the market take care of the rest. Landlines and fixed data
>>
connections no longer require government support and if the company
>> fails, it's not a big problem since Telkom is not a critical resource
>(unlike KPLC).
>>
>> ---
>> OpenStack for Africa: http://signup.kili.io
>> Musings: https://twitter.com/varud
>> About Adam: https://www.linkedin.com/in/adamcnelson
>>
>>
>> On Tue, Jun 4, 2013 at 8:57 AM, Barrack Otieno
><otieno.barrack at gmail.com>wrote:
>>
>> Ali,
>>
>> I think Telkoms problems are deliberate, there is no way such an
>> institution can be crippled without a deliberate move and sheer
>> ignorance this is where we call for accountability, there must
be
>> someone smiling somewhere over its misfortunes. Sometimes Business is
>> common sense, you reap what you sow, we need to know who was the sower
>> in this case?, what was sowed and who reaped where because public
>> money was pumped into this organization. We also need to have a public
>> audit of its asset base and what really transpired when the organization
>was downsizing.
>>
>> Best Regards
>>
>>
>> On Tue, Jun 4, 2013 at 8:29 AM, Ali Hussein <ali at hussein.me.ke> wrote:
>>
>> Listers
>>
>> The trials and tribulations of Telkom Kenya are a sad chapter in the
>> country's road towards actualization of Vision 2030.
>>
>> What actually ails Telkom Kenya?
>>
>> What is the real reason behind its inability to leverage on its legacy
>> systems to re-invent its
business model?
>>
>> Is one of the problems the fact that the Government shackled it with a
>> nondescript, pedestrian workforce steeped in Moi era non-performance
>> ethos?
>>
>> Are there forces beyond the powers of the Management of Telkom Kenya
>> (like Mpesa maybe?) that has made it so irrelevant in the scheme of
>things?
>>
>> In my humble opinion this has been a failed exercise in privatization.
>>
>> What did we do right in the Government divestiture of Safaricom in
>> comparison to Telkom Kenya?
>>
>>
>> http://www.nation.co.ke/News/Taxpayers-face-Sh6bn-bill-in-foul-share-d
>> eal/-/1056/1870526/-/item/0/-/ign3ff/-/index.htmlu
>>
>> Ali Hussein
>> CEO | 3mice interactive media Ltd
>> Principal | Telemedia Africa Ltd
>>
>>
+254 713 601113
>>
>> "The future belongs to him who knows how to wait." - Russian Proverb
>>
>> Sent from my iPad
>>
>> _______________________________________________
>> kictanet mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>
>> Unsubscribe or change your options at
>> https://lists.kictanet.or.ke/mailman/options/kictanet/otieno.barrack%4
>> 0gmail.com
>>
>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder
>> platform for people and institutions interested and involved in ICT
>> policy and regulation. The
network aims to act as a catalyst for
>> reform in the ICT sector in support of the national aim of ICT enabled
>growth and development.
>>
>> 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.
>>
>>
>>
>>
>> --
>> Barrack O. Otieno
>> +254721325277
>> +254-20-2498789
>> Skype: barrack.otieno
>> http://www.otienobarrack.me.ke/
>>
>> _______________________________________________
>> kictanet mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>
>> Unsubscribe or change your options at
>> https://lists.kictanet.or.ke/mailman/options/kictanet/adam%40varud.com
>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder
>> platform for people and institutions interested and involved in ICT
>> policy and regulation. The network aims to act as a catalyst for
>> reform in the ICT sector in support of the national aim of ICT enabled
>growth and development.
>>
>> 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 mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>
>> Unsubscribe or change your options at
>> https://lists.kictanet.or.ke/mailman/options/kictanet/pkariuki%40gmail
>> .com
>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder
>> platform for people and institutions interested and involved in ICT
>> policy and regulation. The network aims to act as a catalyst for
>> reform in the ICT sector in support of
the national aim of ICT enabled
>growth and development.
>>
>> 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.
>>
>>
>> --
>> Regards,
>>
>> Phares Kariuki
>>
>> | T: +254 720 406 093 | E: pkariuki at gmail.com | Twitter: kaboro | Skype:
>> kariukiphares | B: http://www.kaboro.com/ |
>>
>>
>>
>> _______________________________________________
>> kictanet mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>
>> Unsubscribe or change your options at
>> https://lists.kictanet.or.ke/mailman/options/kictanet/otieno.barrack%4
>> 0gmail.com
>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder
>> platform for people and institutions interested and involved in ICT
>> policy and regulation. The network aims to act as a catalyst for
>> reform in the ICT sector in support of the national aim of ICT enabled
>growth and development.
>>
>> 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.
>>
>
>
>
>--
>Barrack O. Otieno
>+254721325277
>+254-20-2498789
>Skype: barrack.otieno
>http://www.otienobarrack.me.ke/
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>------------------------------
>
>Message: 2
>Date: Tue, 4 Jun 2013 20:09:39 +0300
>From: Ali Hussein <ali at hussein.me.ke>
>To: Barrack Otieno <otieno.barrack at gmail.com>
>Cc: KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
>Subject: Re: [kictanet] Is Telkom Kenya insolvent and should the
> Government bail it out? Again?
>Message-ID: <2A3E4FD8-3C8D-4BBB-97EA-F7520327C6F7 at hussein.me.ke>
>Content-Type: text/plain; charset="utf-8"
>
>I disagree..there are definitely assets within Telkom Kenya. The question is
>whether those assets are pertinent to the success of a Telco. Definitely not
>all of them are.
>
>May be the Government should cut its losses and divest fully from Telkom
>Kenya.
Certainly it doesn't make sense anymore for Governments to own a
>piece of a Telco. If it wants to continue to maintain its Big Brother role
>in the name of National Security it doesn't need to own a Telco. Just ask
>Google and AT&T and other Telcos in the US.
>
>Ali Hussein
>CEO | 3mice interactive media Ltd
>Principal | Telemedia Africa Ltd
>
>+254 713 601113
>
>"The future belongs to him who knows how to wait." - Russian Proverb
>
>Sent from my iPad
>
>On Jun 4, 2013, at 7:04 PM, Barrack Otieno <otieno.barrack at gmail.com> wrote:
>
>> You nailed it Phares, exactly!
>>
>>
>> On Tue, Jun 4, 2013 at 6:47 PM, Phares Kariuki <pkariuki at gmail.com> wrote:
>>> Not so simple?
>>>
>>> Telkom
Kenya (at some point between 2006/2007), was East Africa's largest
>company by assets?
>>>
>>> Even if Orange was shortchanged by 300M USD, there are still significant
>real estate holdings (all the telephone exchanges - the land they have etc
>etc).
>>>
>>> These are assets which were bought with public cash. It's a tricky
>situation where the government either throws good money after what is
>potentially a bad investment or the government lets Telkom die (with a
>significant investment of our tax money)? Simply letting the organization
>go, might cost the country more in terms of asset loss?
>>>
>>>
>>> On Tuesday, June 4, 2013 at 9:54 AM, Adam Nelson wrote:
>>>> IMHO, the easy solution is for the government to divest its share and
>let the market take care of the rest. Landlines and fixed data connections
>no longer require government support and
if the company fails, it's not a
>big problem since Telkom is not a critical resource (unlike KPLC).
>>>>
>>>> ---
>>>> OpenStack for Africa: http://signup.kili.io
>>>> Musings: https://twitter.com/varud
>>>> About Adam: https://www.linkedin.com/in/adamcnelson
>>>>
>>>>
>>>> On Tue, Jun 4, 2013 at 8:57 AM, Barrack Otieno
><otieno.barrack at gmail.com> wrote:
>>>>> Ali,
>>>>>
>>>>> I think Telkoms problems are deliberate, there is no way such an
>institution can be crippled without a deliberate move and sheer ignorance
>this is where we call for
accountability, there must be someone smiling
>somewhere over its misfortunes. Sometimes Business is common sense, you reap
>what you sow, we need to know who was the sower in this case?, what was
>sowed and who reaped where because public money was pumped into this
>organization. We also need to have a public audit of its asset base and what
>really transpired when the organization was downsizing.
>>>>>
>>>>> Best Regards
>>>>>
>>>>>
>>>>> On Tue, Jun 4, 2013 at 8:29 AM, Ali Hussein <ali at hussein.me.ke> wrote:
>>>>>> Listers
>>>>>>
>>>>>> The trials and tribulations of Telkom Kenya are a sad chapter in the
>country's road towards actualization of Vision 2030.
>>>>>>
>>>>>> What actually ails Telkom Kenya?
>>>>>>
>>>>>> What is the real reason behind its inability to leverage on its legacy
>systems to re-invent its business model?
>>>>>>
>>>>>> Is one of the problems the fact that the Government shackled it with a
>nondescript, pedestrian workforce steeped in Moi era non-performance ethos?
>
>>>>>>
>>>>>> Are there forces beyond the powers of the Management of Telkom Kenya
>(like Mpesa maybe?) that has made it so irrelevant in the scheme of things?
>>>>>>
>>>>>> In my humble opinion this has been a failed exercise in privatization.
>
>>>>>>
>>>>>> What did we do right in the Government divestiture of Safaricom in
>comparison to Telkom Kenya?
>>>>>>
>>>>>> http://www.nation.co.ke/News/Taxpayers-face-Sh6bn-bill-in-foul-sha
>>>>>> re-deal/-/1056/1870526/-/item/0/-/ign3ff/-/index.htmlu
>>>>>>
>>>>>> Ali Hussein
>>>>>> CEO | 3mice interactive media Ltd
>>>>>> Principal | Telemedia Africa Ltd
>>>>>>
>>>>>> +254 713 601113
>>>>>>
>>>>>> "The future belongs to him who knows how to wait." - Russian
>>>>>> Proverb
>>>>>>
>>>>>> Sent from my iPad
>>>>>>
>>>>>> _______________________________________________
>>>>>> kictanet mailing list
>>>>>> kictanet at lists.kictanet.or.ke
>>>>>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>>>>>
>>>>>> Unsubscribe or change your options at
>>>>>> https://lists.kictanet.or.ke/mailman/options/kictanet/otieno.barra
>>>>>> ck%40gmail.com
>>>>>>
>>>>>>
>>>>>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder
>platform for people and institutions interested and involved in ICT policy
>and regulation. The network aims to act as a catalyst for reform in the ICT
>sector in support of the national aim of ICT enabled growth and development.
>>>>>>
>>>>>> 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.
>>>>>
>>>>>
>>>>>
>>>>> --
>>>>> Barrack O. Otieno
>>>>> +254721325277
>>>>> +254-20-2498789
>>>>> Skype: barrack.otieno
>>>>> http://www.otienobarrack.me.ke/
>>>>>
>>>>> _______________________________________________
>>>>> kictanet mailing list
>>>>> kictanet at lists.kictanet.or.ke
>>>>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>>>>
>>>>> Unsubscribe or change your options at
>>>>> https://lists.kictanet.or.ke/mailman/options/kictanet/adam%40varud.
>>>>> com
>>>>>
>>>>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>for people and institutions interested and involved in ICT policy and
>regulation. The network aims to act as a catalyst for reform in the ICT
>sector in support of the national aim of ICT enabled growth and development.
>>>>>
>>>>> 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 mailing list
>>>> kictanet at lists.kictanet.or.ke
>>>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>>>
>>>> Unsubscribe or change your options at
>>>> https://lists.kictanet.or.ke/mailman/options/kictanet/pkariuki%40gma
>>>> il.com
>>>>
>>>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>for people and institutions interested and involved in ICT policy and
>regulation. The network aims to act as a catalyst for
reform in the ICT
>sector in support of the national aim of ICT enabled growth and development.
>>>>
>>>> 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.
>>>
>>> --
>>> Regards,
>>>
>>> Phares Kariuki
>>>
>>> | T: +254 720 406 093 | E: pkariuki at gmail.com | Twitter: kaboro |
>>> | Skype: kariukiphares | B: http://www.kaboro.com/ |
>>>
>>>
>>>
>>> _______________________________________________
>>> kictanet mailing list
>>> kictanet at lists.kictanet.or.ke
>>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>>
>>> Unsubscribe or change your options at
>>> https://lists.kictanet.or.ke/mailman/options/kictanet/otieno.barrack%
>>> 40gmail.com
>>>
>>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>for people and institutions interested and involved in ICT policy and
>regulation. The network aims to act as a catalyst for reform in the ICT
>sector in support of the national aim of ICT enabled growth and development.
>>>
>>> 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.
>>
>>
>>
>> --
>> Barrack O. Otieno
>> +254721325277
>> +254-20-2498789
>> Skype: barrack.otieno
>> http://www.otienobarrack.me.ke/
>> _______________________________________________
>> kictanet mailing list
>> kictanet at lists.kictanet.or.ke
>> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>>
>> Unsubscribe or change your options at
>> https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussei
>> n.com
>>
>> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
>for people and institutions interested and involved in ICT policy and
>regulation. The network aims to act as a catalyst for reform in the ICT
>sector in support of the national aim of ICT enabled growth and development.
>>
>> 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.
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>****************************************
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>
>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.
>
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>
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>The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
>
>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.
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