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February 12, 2016 10:48 PM ET

Diversified Telecommunication Services

Company Overview of Telkom Kenya Limited

Company Overview

Telkom Kenya Limited provides integrated telecommunications solutions for residential and business customers in Kenya. The company offers mobile services, including GSM, HD voice, wireless, international calling, and Blackberry; fixed/landline services, such as voice and Internet; Internet/data services; domain and mail hosting services; and Orange money services. It also provides Orange Klif, a dual SIM device that has data, voice, and messaging capabilities. The company was founded in 1999 and is based in Nairobi, Kenya. Telkom Kenya Limited operates as a subsidiary of Orange.

Telkom Plaza Ralph Bunche Road

P.O. Box 30301

Nairobi,  00100

Kenya

Founded in 1999

Phone:

254 20 495 2001

Fax:

254 20 251 071

Key Executives for Telkom Kenya Limited

Chief Executive Officer
Age: 60
Chief Finance Officer
Chief Compliance Officer, Chief of Staff - Cabinet Director, Program Management Officer Pf Chief Executive Officer Office, Chief Security Officer and In Charge of Quality & Audit
Chief Business Market Officer
Chief Mass Market Officer
Compensation as of Fiscal Year 2015.

Telkom Kenya Limited Key Developments

Orange Kenya Launches Dual Play Solution

Orange Kenya has launched a Dual Play solution, a voice and data service offering on the fixed line numbering plan targeting the home and small medium enterprise markets. The Dual Play service is an addition to the existing Home Talk and Biashara Talk services. It is available on both Post-paid and Pre-paid options as Biashara Talk Dual Play (postpaid option) and Home Talk Dual Play (prepaid option). Both post-paid and pre-paid options are being offered on a single subscription package to the voice and unlimited data service. The talk time allows for local calls (for both on-net and off-net calls), international calls to the USA, UK, Canada, India and China and international SMSs to all destinations.

Orange Negotiations To Sell Telkom Kenya In Final Round

Orange (ENXTPA:ORA) is in the final round of negotiations with an unidentified party to sell its 70% stake in Telkom Kenya Limited, Kenya's finance minister said. Orange was not immediately available for a comment. "Orange wants to exit so they are selling their 70%," Finance Minister Henry Rotich, who oversees the government's 30% shareholding in Orange Kenya, told Reuters. "They are in final negotiations." Henry Rotich said he expected the transaction to be completed very soon, possibly before year end. Orange declined comment on the identity of the buyer or the price, but said Africa and the Middle East remained priorities and growth engines for the group.

Investors Reportedly Eyes Stake In Telkom Kenya

Investment firms are reportedly seeking to acquire stake in Telkom Kenya Limited from Orange (ENXTPA:ORA). They are mainly eyeing the company's real estate assets worth KES 13 billion. Interested investors include Helios Investment Partners LLP and BT Group plc (LSE:BT.A).

Similar Private Companies By Industry

Company Name Region
Elris Communication Services Ltd. Middle East/Africa
Altech Kenya Data Networks Limited Middle East/Africa
UUNet Communications Ltd. Middle East/Africa
One Communication Limited Middle East/Africa
Telkom Kenya Limited Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 9, 2015
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