That's why i was asking, why keep it if it ain't working.

About Telkom, it's not like we are killing the employees, so i don't see how the argument by @the deal fits in. You don't create employment for the sake of it. There should be value generated by the employees, not just dishing out paychecks.
As of now, no value, and it has been the trend so far.

What I found shocking is that their losses are greater than their turnover!

It means that all they are doing with the borrowed money is pay bills and salaries.

This is NOT a going concern.

Some one should buy it out for sh20 - yes, 20bob, then call in Joe Ciano to sort it out...

Look at Uchumi...look at what the American Goverment did during the GFC to save it's institutions...and save the world in the process!!! What would be the impact on the economy if Telkom went under??? Jobs should be a starting point in your analysis

Telkom need not go down. But it needs to loose some fat.
There are alot of good assets in it's books that would interest any competiotor or major player, if France Telkom can't handle the heat they should sell out and leave.

If you consider the nofbi fiber, Teams and Eassy landing stations, the several telephone exchanges and intercity and metro fiber telkom has, they have no rival in this region.

But they have an ineffecient copper landline network built in it's parastatal days that makes no sense to still maintain.
Seriously why maintain a wireline based landline system in some remote town in this country where only the police, the DO and the local health center have a functional line?
They have an overlaid cdma and gsm network that can absorb that.

They have probably tinkered with more technology than any other player in the region yet they cannot support any of them profitably because they have too much fat, most of it is unnecessary baggage that they need to shed.

Imagine if they sold all the telephone exchanges in Nairobi. That is prime real estate of between 1 and 2 acres each.
Why own 3 office buildings in CBD ? they should sell extelecoms house and probably telephone house too.
What about their Longonot earth station no longer functional due to lack of innovative techs ?
Why have a GSM network with less than 100,000 subscribers ? shut the thing down! stop the bleeding.

Focus on what can pay for itself, lay off more workers, shut down the copper network outside major cities and replace the lines with cdma phones. Stop blaming the problem on copper theft when there is so much fiber to go around and there is competitive wireless technology in hand.

Someone should hang the CEO, the board and the senior management.

just buy safcom shares and chill.this will be the last man standing.

The price wars have nothing much to do with Telkom's death. It is the entry into an already flooded GSM market and the internal inefficiencies that are it's downfall.

With Kenya's amazing vandalism?

word doing the round is they provided campaign money in 2007, GoK will handle them nicely and probably bail them out, we all know how the french can be with 'demonstrations' they may squeal