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

[Mwendwa Kivuva]

NOFBI was being handed over to ICTA. With the new arrangements, we are
watching keenly on how NOFBI will be managed going forward.

Best Regards,
______________________
Mwendwa Kivuva, Nairobi, Kenya
https://www.linkedin.com/in/mwendwa-kivuva


On Thu, 6 Oct 2022 at 07:22, Barrack Otieno via KICTANet <
kictanet at lists.kictanet.or.ke> wrote:

> 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*
> *Trustee*
> *Kenya ICT Action Network (KICTAnet)*
> *Skype:barrack.otieno*
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> KICTANet is a multi-stakeholder Think Tank for people and institutions
> interested and involved in ICT policy and regulation. KICTANet is a
> catalyst for reform in the Information and Communication Technology sector.
> Its work is guided by four pillars of Policy Advocacy, Capacity Building,
> Research, and Stakeholder Engagement.
>
> 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 - The Power of Communities, is Kenya's premier ICT policy
> engagement platform.
>
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