Tuesday, May 03, 2005

Telkom monopoly to continue

Telenor of Norway have withdrawn from the tender for the licence to provide a second fixed-line telephone service.


Shiroh said...

you mean the privatization will not continue. fill me in please

bankelele said...

Before Telkom can be privatized, it must re-structure i.e layoff thousands of employees. Right now most of the money it is getting is going to recurrent expenditure, and not enough is going towards capital expenditure & investments that it needs to grow and compete

Shiroh said...

i'm in an advocatesfirm that is doing the privatization and i guess it is still going on smoothly
still i love ua updates

bankelele said...

Shiroh. Persudae Telkom not to sell 11% shares back to Vodaphone - and tell them that there are enough Kenyan shareholders who will buy Safaricom shares in record numbers.


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