[kictanet] Yu acquisition proposal to regulator

[ICT Researcher]

For starters, the company's assets true worth need to be independently established and its outstanding liabilities audited. Mere reported "spend a combined $100 million" inflated with 'sweatheart deal' exit premium does not in any way reflect the much lower true worth of the exiting business persons which no doubt a consortium of Kenyans investors can raise and potentially enable consumers to migrate enmasse to 100 p.c. "MKenya Network":-) 





On Monday, March 3, 2014 9:44 PM, "Wambua, Christopher" <Wambua at cck.go.ke> wrote:
 
The regulator has just received the application. We are in the process of reviewing the application with a view to deciding the way forward.  It is therefore too early to subject the application to public consultation.  

Wambua
Sent from my BlackBerry 10 smartphone.
From: ICT Researcher
Sent: Monday, 3 March 2014 21:11 PM
To: Wambua, Christopher
Reply To: ICT Researcher
Cc: KICTAnet ICT Policy Discussions
Subject: [kictanet] Yu acquisition proposal to regulator 

Airtel, Safaricom seek to buy Essar’s Yu in Kenya - Safaricom will get Yu’s infrastructure, while Airtel is expected to acquire Yu’s subscriber base<http://www.livemint.com/Industry/BZZuR21BJsoJf6jksBhnVN/Airtel-Safaricom-seek-to-buy-Kenyan-rival-Essars-Yu.html>

Considering the profoundly adverse Triopoly consumer choice consequences,

Should the regulator not initiate a public consultation before decision  making?
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