[kictanet] [ISOC_KE] Orange prepares to exit African Market?

[Kivuva]

Since Orange is the majority shareholder in Telkom Kenya, I'm sure
they would want to reduce their loses by selling their shareholding. I
don't see a scenario where GoK can raise funds to buy back Orange.
Indeed when Orange has tried to raise operating capital, GoK has
always diluted itself because they are not willing or are broke. In
that regard, it's obvious another investor will be convinced to takeup
Orange stock.

Over the years, governments have moved on to licensing, policy and
regulation on the telecoms sector. A complete exit by government from
the sector would be welcomed to prevent wanton waste of taxpayers
money by bailing sinking ships.

And it's only dictatorial regimes that would want to control the
telecom sector like a radio volume control system.

These are interesting times.

On 05/03/2014, Barrack Otieno <otieno.barrack at gmail.com> wrote:
> Hi Ali,
>
> In the Kenyan scenario Orange should revert to government, we have
> competent human resources that can turn it around. National Telecom
> operators are critical resources that require investment from the state
> from a security and economic perspective
>
> Best Regards
> On Mar 6, 2014 2:59 AM, "Ali Hussein" <ali at hussein.me.ke> wrote:
>
>> Listers
>>
>> Back on the heels of the Yu decision to sell, I understand Orange is
>> preparing to sell its African operations.
>>
>> What are the ramifications of this in the bigger scheme of things?
>>
>>
>> http://www.tmtfinance.com/news/orange-hires-adviser-african-exit?utm_source=Newsweaver&utm_medium=email&utm_content=ali%403mice.com&utm_campaign=TMT+Finance+News+Alert+05+March+2014
>>
>> Ali Hussein
>>
>> +254 0770 906375 / 0713 601113
>>
>> "I fear the day technology will surpass human interaction. The world will
>> have a generation of idiots".  ~ Albert Einstein
>>
>> Sent from my iPad
>>
>> _______________________________________________
>> isoc mailing list
>> isoc at orion.my.co.ke
>> http://orion.my.co.ke/cgi-bin/mailman/listinfo/isoc
>>
>>
>


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