[kictanet] kictanet Digest, Vol 73, Issue 16
Ali Hussein
ali at hussein.me.ke
Wed Jun 5 13:48:29 EAT 2013
LOL. True that...in a sort of way..
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 1:46 PM, robert yawe <robertyawe at yahoo.co.uk> wrote:
> 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/
>> -------------- next part --------------
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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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>> Subject: Digest Footer
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>> ------------------------------
>>
>> End of kictanet Digest, Vol 73, Issue 16
>> ****************************************
>>
>>
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>>
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>>
>> _______________________________________________
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>> Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com
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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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