288:) acquired 51% of Telkom Kenya's shares at a cost of US$ 390 million. In November 2012, the shareholding structure changed due to a decision by the Kenyan government to convert its shareholder loans at that time, into equity in order to ease Telkom Kenya's debt burden. It was subsequently confirmed that the Kenya government would retain 40% shareholding down from 49% with the remaining shares held by France Télécom. In January 2013, France Télécom increased its stake in Telkom Kenya to 70% as a consequence of the government's failure to provide its full portion of the 2012 funding. In June 2017, the firm was re-branded from "Orange Kenya" to "Telkom Kenya".
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185:
303:
Subsequent to the agreement to buy, Helios negotiated with the Kenyan government to own 40 percent in the new joint venture, with the investment firm retaining 60 percent. In June 2016, final regulatory approval was received for the deal to proceed. In
October 2022, the Kenyan government acquired the
268:. In 2018, it was announced that Airtel Kenya was considering a merger with Telkom Kenya. In March 2018, the company resumed a mobile-money service that it had dropped in 2017. Referred to as T-kash, the service is a direct competitor to the
316:
was selected to acquire the 60 percent shareholding previously owned by Helios
Investment Partners. After all the approvals and documentation, the current shareholding looks as depicted in the table below.
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453:
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750:
613:
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693:
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565:
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978:
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remaining 60% of Telkom Kenya from Helios in a $ 50.4 million USD deal. At that time, the Kenyan government owned 100 percent of Telkom Kenya.
201:
721:
511:
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services. The company was established as a telecommunications operator in April 1999, after the split of KPTC into the
213:
35:
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542:
217:
587:
297:
780:"Orange signs an agreement with Helios Investment Partners for the sale of its stake in Telkom Kenya"
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20:
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843:
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618:
458:
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announced that they were going to purchase France Télécom's entire stake in Telkom Kenya.
8:
361:
221:
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184:
105:
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125:
45:
983:
19:
This article is about the Kenyan telecommunications provider. For other uses, see
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In
October 2023, Infrastructure Corporation of Africa LLC (ICA), based in the
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814:
487:
429:
265:
257:
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120:
110:
839:"Kenya gets 10 percent Telkom stake for free as part of Helios' deal"
273:
261:
220:(POSTA) and Telkom Kenya. As of 2023, the company is fully owned the
588:"Telkom Kenya and Airtel seek merger to take on Safaricom: sources"
538:
245:
97:
74:
269:
924:"Emirati company gets majority stake in Telkom on Helios exit"
897:"Kenya snaps up Helios's 60% of Telkom for just $ 50 million"
366:
197:
80:
240:
operate. As of 2004, most internet service was provided via
956:
205:
178:
253:
252:, is a subsidiary of Telkom Kenya. It also offers mobile
868:"Firm gets the nod to sell 70% percent stake in Telkom"
694:"Treasury's stake in Telkom Kenya cut after debt swap"
512:"Kris Senanu to lead Telkom Kenya Enterprise Division"
454:"PE firm Helios selects vice chairman to Telkom board"
751:"Telkom bets on dominance report in turnaround plans"
614:"Telkom returns to mobile money business with T-kash"
810:"Helios buys France Telecom's stake at Telkom Kenya"
260:
brand, in which it is the 3rd in market share after
425:"Telkom Kenya owners pump Sh30bn after Helios deal"
894:
722:"Government Loses Ownership Grip In Telkom Kenya"
256:voice and high speed internet services under the
970:
196:is an integrated telecommunications provider in
921:
665:"State turns its Telkom Kenya loan into equity"
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509:
480:
202:Kenya Posts and Telecommunications Corporation
158:Infrastructure Corporation of Africa LLC (60%)
748:
539:"The History of Postal Corporation of Kenya"
451:
422:
563:
204:(KPTC) which was the sole provider of both
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566:"Airtel Kenya plans 4G launch by year-end"
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343:Infrastructure Corporation of Africa LLC
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232:The company operates and maintains the
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979:Telecommunications companies of Kenya
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611:
895:Alan Burkitt-Gray (5 October 2022).
720:Nyabiage, Jevans (12 January 2013).
692:Omondi, Michael (27 November 2012).
663:Mutegi, Mugambi (22 November 2012).
644:. Telecompaper.com. 16 November 2007
483:"Telkom appoints Mugo Kibati as CEO"
291:
777:
642:"Orange to buy 51% of Telkom Kenya"
13:
922:Charles Mwaniki (5 October 2023).
808:Lilian Ochieng (9 November 2015).
536:
481:Bonface Otieno (9 November 2018).
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272:service, offered by market-leader
214:Communications Commission of Kenya
200:. It was previously a part of the
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16:Kenyan telecommunications company
837:Anyanzwa, James (6 March 2016).
994:Mobile phone companies of Kenya
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510:BizTech Africa (30 June 2016).
452:Mark Okuttah (15 August 2016).
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1:
999:Companies established in 1999
866:Okuttah, Mark (4 June 2016).
564:CommsUpdate (24 March 2016).
423:Mark Okuttah (28 June 2020).
409:
321:Telkom Kenya Stock Ownership
989:1999 establishments in Kenya
903:. Johannesburg, South Africa
749:Muthoki Mumo (6 June 2017).
518:. Johannesburg, South Africa
284:In 2007 France Télécom (now
7:
543:Postal Corporation of Kenya
397:
236:over which Kenya's various
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218:Postal Corporation of Kenya
135:Telecommunications services
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298:Helios Investment Partners
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238:internet service providers
36:Public Private Partnership
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150:40 billion/= (2010)
778:OSA (9 November 2015).
404:Kenya Internet Exchange
116:Chief Executive Officer
106:Executive Vice Chairman
248:, an important Kenyan
57:; 25 years ago
873:Business Daily Africa
844:Business Daily Africa
756:Business Daily Africa
699:Business Daily Africa
670:Business Daily Africa
619:Business Daily Africa
459:Business Daily Africa
335:Percentage Ownership
296:On November 9, 2015,
727:The Standard (Kenya)
347:United Arab Emirates
314:United Arab Emirates
308:Current shareholding
568:. Telegeography.com
362:Government of Kenya
322:
222:Government of Kenya
164:Number of employees
28:
537:PK (4 June 2016).
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55:April 5, 1999
46:Telecommunications
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787:Orange S.A. (OSA)
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292:Past shareholding
210:telecommunication
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138:Internet services
126:Managing Director
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430:Daily Nation
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266:Airtel Kenya
258:Orange Kenya
231:
194:Telkom Kenya
193:
192:
168:1,400 (2018)
119:
109:
102:Steven Evans
101:
94:Eddy Njoroge
93:
70:Headquarters
32:Company type
27:Telkom Kenya
793:10 November
541:. Nairobi:
286:Orange S.A.
216:(CCK), the
121:Kris Senanu
111:Mugo Kibati
973:Categories
907:9 November
598:2022-01-20
522:9 November
495:9 November
410:References
89:Key people
62:1999-04-05
936:5 October
876:. Nairobi
847:. Nairobi
730:. Nairobi
673:. Nairobi
622:. Nairobi
466:15 August
437:5 October
274:Safaricom
262:Safaricom
244:service.
626:12 March
398:See also
332:Domicile
246:Jambonet
228:Services
132:Products
98:Chairman
42:Industry
984:Nairobi
592:Reuters
280:History
242:dial-up
173:Website
144:Revenue
75:Nairobi
60: (
52:Founded
880:4 June
851:4 June
822:4 June
763:7 June
734:4 June
705:4 June
677:4 June
648:4 June
572:4 June
549:4 June
270:M-pesa
206:postal
21:Telkom
783:(PDF)
389:100.0
381:Total
367:Kenya
198:Kenya
155:Owner
81:Kenya
938:2023
909:2022
882:2016
853:2016
824:2016
795:2015
765:2017
736:2016
707:2016
679:2016
650:2016
628:2018
574:2016
551:2016
545:(PK)
524:2018
497:2018
468:2016
439:2023
372:40.0
352:60.0
326:Rank
264:and
208:and
148:KSh.
254:GSM
250:ISP
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
