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Telkom and Airtel Kenya Merger?
maka
#21 Posted : Friday, February 08, 2019 1:49:48 PM
Rank: Elder


Joined: 4/22/2010
Posts: 10,877
Location: Nairobi
Telkom and Airtel have signed a binding agreement to operate under a joint venture company to be named Airtel-Telkom.
possunt quia posse videntur
Mastermind
#22 Posted : Friday, February 08, 2019 1:58:07 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,514
Location: Langley
maka wrote:
Telkom and Airtel have signed a binding agreement to operate under a joint venture company to be named Airtel-Telkom.


Airtel to own 51%, Telkom kenya to own 49%. Mugo to be chairman of the new entity, airtel ceo will be the ceo of the new entity.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
snifadog
#23 Posted : Friday, February 08, 2019 1:58:23 PM
Rank: New-farer


Joined: 6/6/2016
Posts: 93
Location: Nairobi
these 2 weaklings will still not stand a chance against mighty green monster
Ericsson
#24 Posted : Friday, February 08, 2019 2:00:14 PM
Rank: Elder


Joined: 12/4/2009
Posts: 6,047
Location: NAIROBI
snifadog wrote:
these 2 weaklings will still not stand a chance against mighty green monster


Exactly,this is a marriage of convenience and a way for Airtel to exit kenya secretly.
Mastermind
#25 Posted : Friday, February 08, 2019 2:09:41 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,514
Location: Langley
Ericsson wrote:
snifadog wrote:
these 2 weaklings will still not stand a chance against mighty green monster


Exactly,this is a marriage of convenience and a way for Airtel to exit kenya secretly.

Lets wait and see.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
snifadog
#26 Posted : Friday, February 08, 2019 2:36:48 PM
Rank: New-farer


Joined: 6/6/2016
Posts: 93
Location: Nairobi
Ericsson wrote:
snifadog wrote:
these 2 weaklings will still not stand a chance against mighty green monster


Exactly,this is a marriage of convenience and a way for Airtel to exit kenya secretly.


Airtel bought Tigo in Rwanda in order to compete with MTN Rwanda. Airtel is neither leaving nor staying
murchr
#27 Posted : Friday, February 08, 2019 5:43:29 PM
Rank: Elder


Joined: 2/26/2012
Posts: 13,904
This will just result to job losses here and there
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Ericsson
#28 Posted : Tuesday, February 12, 2019 7:47:35 AM
Rank: Elder


Joined: 12/4/2009
Posts: 6,047
Location: NAIROBI
murchr wrote:
This will just result to job losses here and there

Telkom kenya fiber will not be part of the deal
Angelica _ann
#29 Posted : Tuesday, February 12, 2019 8:05:06 AM
Rank: Elder


Joined: 12/7/2012
Posts: 9,999
Ericsson wrote:
murchr wrote:
This will just result to job losses here and there

Telkom kenya fiber will not be part of the deal


So how will this be run?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#30 Posted : Tuesday, February 12, 2019 9:18:36 AM
Rank: Elder


Joined: 12/4/2009
Posts: 6,047
Location: NAIROBI
Angelica _ann wrote:
Ericsson wrote:
murchr wrote:
This will just result to job losses here and there

Telkom kenya fiber will not be part of the deal


So how will this be run?


If airtel wants access to the fiber infrastructure there will be a small fee they pay.
The fiber business will remain under Telkom Kenya.
The mobile business will be under Airtel-Telkom company and telkom kenya will have upto 49% stake in it.
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