[kictanet] State fully acquires Telkom Kenya in Sh6.09 billion deal

[Barrack Otieno]

Interesting, just curious why Telkom has been interchanging hands, could it
be a landing pad, what are the implications of government retaining key
control?, Telkom indeed is the custodian of NOFBI the National Superhighway
and as such a critical player.

Best Regards

On Tue, Oct 4, 2022 at 1:18 PM Victor Kapiyo via KICTANet <
kictanet at lists.kictanet.or.ke> wrote:

> The Treasury has acquired a 60 percent stake in Telkom Kenya from UK-based
> private equity fund, Helios Investment Partners, for Sh6.09 billion, making
> the company fully State-owned.
>
> Read more:
> https://www.businessdailyafrica.com/bd/corporate/companies/state-fully-acquires-telkom-kenya-sh6-09-billion-deal-3971980
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*Barrack Otieno*
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