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Telkom and Airtel Kenya Merger?
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maka
#21 Posted : Friday, February 08, 2019 1:49:48 PM
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Joined: 4/22/2010
Posts: 11,522
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
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Mastermind
#22 Posted : Friday, February 08, 2019 1:58:07 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
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.
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snifadog
#23 Posted : Friday, February 08, 2019 1:58:23 PM
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Joined: 6/6/2016
Posts: 167
Location: Nairobi
these 2 weaklings will still not stand a chance against mighty green monster
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Ericsson
#24 Posted : Friday, February 08, 2019 2:00:14 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
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.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Mastermind
#25 Posted : Friday, February 08, 2019 2:09:41 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
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.
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snifadog
#26 Posted : Friday, February 08, 2019 2:36:48 PM
Rank: Member

Joined: 6/6/2016
Posts: 167
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
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murchr
#27 Posted : Friday, February 08, 2019 5:43:29 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
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
.
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Ericsson
#28 Posted : Tuesday, February 12, 2019 7:47:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
murchr wrote:
This will just result to job losses here and there

Telkom kenya fiber will not be part of the deal
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#29 Posted : Tuesday, February 12, 2019 8:05:06 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
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
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Ericsson
#30 Posted : Tuesday, February 12, 2019 9:18:36 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
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.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Tuesday, February 12, 2019 9:26 AM | Reason: Not specified
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