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October 06, 2015 1:06 AM 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


Founded in 1999


254 20 495 2001


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 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).

Telkom Kenya To Sell Properties

Telkom Kenya Limited has put a huge chunk of its multi-billion shilling real estate property up for sale. The firm which is at the centre of a protracted purchase bid has announced the intended sale of 17 prime properties worth at least KES 1 billion. The buildings quoted for sale are spread across the country in major cities and towns including Nairobi, Kisumu, Nyeri, Nakuru and Malindi. Telkom Kenya expects to fetch KES 260 million for the three-storey Kisumu Commercial Building and KES 146 million for a 1.733 acre plot which is partially developed at Embakasi, Nairobi. The five-storey building in Karatina, Nyeri is also up for sale at the cost of KES 120 million while another building on the Nyeri-Nanyuki Road is quoted for sale at a cost of KES 108 million.

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