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KDN Closing down!
Sober
#1 Posted : Wednesday, September 14, 2011 12:41:19 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
KDN Closing down? Now that's sad.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Gordon Gekko
#2 Posted : Wednesday, September 14, 2011 12:48:59 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Its Ahmednasir driving a hard bargain.
Cardinal
#3 Posted : Wednesday, September 14, 2011 1:03:28 PM
Rank: Member

Joined: 5/12/2009
Posts: 266
It's possible,the court has also ruled so.Employee salaries are also being delayed.
QW25081985
#4 Posted : Wednesday, September 14, 2011 1:07:34 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
This NOW leaves access kenya as THE KING OF DATA IN KENYA !!!!!!!!!!!!!!!!!!!!!
bird_man
#5 Posted : Wednesday, September 14, 2011 1:17:09 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
A guy....please weka link.This is the biggest data provider in Kenya and if it was true.....shida!They carry much of Safaricoms data,MTNs data etc.
Formally employed people often live their employers' dream & forget about their own.
QW25081985
#6 Posted : Wednesday, September 14, 2011 1:20:35 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
bird_man wrote:
A guy....please weka link.This is the biggest data provider in Kenya and if it was true.....shida!They carry much of Safaricoms data,MTNs data etc.


i actally saw this story on kbc but i thought i was reading my own things ...
No wonder safcom has been having all sorts of data problems (sms,network) of late..
bird_man
#7 Posted : Wednesday, September 14, 2011 1:27:59 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
@QW25081985....which day was that?I only remember the story on Business Daily saying that KDN was to deposit a huge some in Soliton Telmec's account for some fiber civil works that was in contention.Soliton has applied to have KDN wound up if they were unable to pay the huge sum....Now I don't know if they actually paid up.
Formally employed people often live their employers' dream & forget about their own.
Gordon Gekko
#8 Posted : Wednesday, September 14, 2011 2:08:04 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
QW25081985 wrote:
bird_man wrote:
A guy....please weka link.This is the biggest data provider in Kenya and if it was true.....shida!They carry much of Safaricoms data,MTNs data etc.


i actally saw this story on kbc but i thought i was reading my own things ...
No wonder safcom has been having all sorts of data problems (sms,network) of late..


@QW, please don't sensationalize this issue. KDN has no operational problems that I know of.

As far as I'm aware, KDN contracted Soliton to lay a redundant cable to Mombasa through Garissa at an agreed fee. When KDN refused to pay (after its takeover by Alltech - South Africans) Soliton accepted a staggered repayment plan for the circa 400 metre balance. KDN has reneged on this and Soliton just wants its cash.

I suspect the South Africans probably never carried out proper due diligence (I know what @vvs will say about the seller) when buying into KDN.

The owner of Soliton is bosom buddies with Ahmednasir so the latter will squeeze every ounce for his pal.
arapsonkot
#9 Posted : Wednesday, September 14, 2011 2:38:36 PM
Rank: Member

Joined: 10/1/2010
Posts: 143
Location: kenya
KDN-Holding-Statement
http://corporatetalkgrou...n-holding-statement.html
Sent from my iPad" is the new "Haters gonna hate".
mozenrat
#10 Posted : Wednesday, September 14, 2011 2:54:32 PM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
bird_man wrote:
A guy....please weka link.This is the biggest data provider in Kenya and if it was true.....shida!They carry much of Safaricoms data,MTNs data etc.



Shame on you I heard they lost that contract earlier in the year!!
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