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Orange thinking of pulling out.
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kollabo
#1 Posted : Thursday, March 06, 2014 11:13:05 AM
Rank: Veteran


Joined: 2/3/2012
Posts: 1,317
Its getting tough, very tough....

Link


French operator Orange has mandated Lazard to find a buyer for its mobile telecoms business in Uganda. Next up for Orange could be the sale of its mobile unit in Kenya, formerly Telkom Kenya Orange, which has been struggling against larger rivals Vodafone-backed Safaricom and Bharti Airtel’s local unit

http://www.tmtfinance.com/news/...ican-exit#ixzz2vAicAnX6

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dunkang
#2 Posted : Thursday, March 06, 2014 11:42:39 AM
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Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Its alright. When we were busy making noise about "SUSTAINABLE BUSINESS PRACTICES", they thought they understand Kenyans' peculiar habits!!!!!

On the other point of view, this is a very sad situation we are setting ourselves in to. Safaricom vs Airtel is a no match, hence MONOPOLY PAP! Or a very dangerous cartel!
Receive with simplicity everything that happens to you.” ― Rashi

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FUNKY
#3 Posted : Thursday, March 06, 2014 11:57:36 AM
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Joined: 4/30/2010
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Safaricom will continue dominating the mobile market in Kenya because of M-Pesa!
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mlennyma
#4 Posted : Thursday, March 06, 2014 11:58:38 AM
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Joined: 7/21/2010
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Location: nairobi
Is equity a ready buyer?
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#5 Posted : Thursday, March 06, 2014 12:02:28 PM
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Only equity will shake mpesa when it buys or starts a teleco and converts all its agents and atms as mobile money agents at low rates
"Don't let the fear of losing be greater than the excitement of winning."
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muganda
#6 Posted : Thursday, March 06, 2014 12:02:35 PM
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Joined: 9/15/2006
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Harsh indictment on CCK this issue.
A non-competitive market makes consumers suffer.
And no impetus for Safaricom to pursue excellence; instead poor networks, wasteful spending, cronyism and cartels.
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mpobiz
#7 Posted : Thursday, March 06, 2014 12:08:05 PM
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Joined: 8/10/2010
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Is the name orange doomed?
are we heading towards a monopoly in the mobile sector?
Does this now validate the peculiar statement made by one of the CEO?. This is because no matter how good a deal the competition gives we still stick to the peculiar network.
Politics is just things to keep the people divided and foolish and put your trust in men and none of them can do nothing for you...
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muganda
#8 Posted : Thursday, March 06, 2014 12:47:33 PM
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Joined: 9/15/2006
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Effect on Safaricom share price?
Equity and Nakumatt should pick this license up.
Interesting claims online be a fellow called @coldtusker.

o Prior to @AIRTEL_KE huge drop in calling rates, @SafaricomLtd was charging 12/- per minute for Off-net calls. Heck 8/- for On-Net calls

o And the price of SMS [whose variable cost is minimal] remained at crazy high prices coz the operators could get away with it

o Don't forget @SafaricomLtd had politically crooked Mobitelea as a 20% shareholder who wanted super-profits by stifling competition

o How powerful were the crooks behind Mobitelea? Even @SafaricomLtd as a listed firm refused to identify them. All hush-hush

o And @AIRTEL_KE original licensee (KenCell) is a political operator who was a front for other crooks. And media calls him a 'businessman'

o The crooks even got a piece of @OrangeKenya via Alcatraz. It just didn't pan out like it did in @SafaricomLtd & KenCell

o The 3rd licensee [Econet then @yuMobileKenya ] was frustrated by powerful crooks in GoK to allow @SafaricomLtd & KenCell gain an edge

o Cripple the 3rd licensee [Econet] meant there were only 2 players in the Mobile arena. An effective duopoly.

o Though @SafaricomLtd was smart introducing M-Pesa and @michaelj2 has an interesting tale to tell on how he managed to keep it going

o And @michaelj2 [before M-Pesa was introduced] told us [talk he gave in Boston] about a 'sticky' product @SafaricomLtd will introduce

o And @Nakumatt & @KeEquityBank want MVNO [not a full Mobile] license which means they need infrastructure. And who owns most of it?
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sorovi
#9 Posted : Thursday, March 06, 2014 12:50:55 PM
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Joined: 8/3/2007
Posts: 146
mlennyma wrote:
Only equity will shake mpesa when it buys or starts a teleco and converts all its agents and atms as mobile money agents at low rates


Yes equity can be a big threat that's why these guys were quick to buyout Yu!! It has an opportunity to change the dynamics of the telco with its loyal customers.. though not sure its easy to convert them to simcards..
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dunkang
#10 Posted : Thursday, March 06, 2014 12:58:11 PM
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Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
muganda wrote:
Effect on Safaricom share price?
Equity and Nakumatt should pick this license up.
Interesting claims online be a fellow called @coldtusker.

[size=4]

o And @AIRTEL_KE original licensee (KenCell) is a political operator who was a front for other crooks. And media calls him a 'businessman'


@Muganda,
and that fellow called @Coldtusker is a honourable member of WAZUA!

That @Coldtusker TRUELY dislikes the crook that media call a 'businessman'!

Nowadays SafCom internet is crappy, ama ni mimi tu?
Receive with simplicity everything that happens to you.” ― Rashi

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Mpenzi
#11 Posted : Thursday, March 06, 2014 1:17:23 PM
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Joined: 10/17/2008
Posts: 1,234
mpobiz wrote:
Is the name orange doomed?
are we heading towards a monopoly in the mobile sector?
Does this now validate the peculiar statement made by one of the CEO?. This is because no matter how good a deal the competition gives we still stick to the peculiar network.


Ukraine Orange Revolution

ODM

Orange Kenya
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Chaka
#12 Posted : Thursday, March 06, 2014 1:47:27 PM
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Joined: 2/16/2007
Posts: 2,114
How profitable is Orange's "fixed" business?
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muganda
#13 Posted : Thursday, March 06, 2014 2:55:55 PM
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Joined: 9/15/2006
Posts: 3,905
Cheers @dunkang, good to know. And it's not only you, Safaricom improved for a while last year. Now voice is worse, and data speedier but temperamental signal.

@Chaka Orange is the leader in fixed telephones, ADSL, and speediest data.
Just as Airtel remains the leader in mobile postpaid.

Interesting how everyone is good at something, such a pity we do not focus on our key strengths.
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kollabo
#14 Posted : Thursday, March 06, 2014 5:11:52 PM
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Asking price would be too much.
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wanyee
#15 Posted : Thursday, March 06, 2014 5:26:45 PM
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Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
Hoping MTN grabs the opportunity ...always had this feeling they did not augur well with the "powers-that-be" in Kenya, but their entry could give Safcon & Bahati a real run for their monies.
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murchr
#16 Posted : Thursday, March 06, 2014 5:36:23 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
@hisah where art thou?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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PKoli
#17 Posted : Thursday, March 06, 2014 8:40:15 PM
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Joined: 2/10/2007
Posts: 1,587
Orange Uganda beats all other guys in data. It is unfortunate times have been tough for them especially in Kenya.
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hisah
#18 Posted : Friday, March 07, 2014 7:44:17 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
murchr wrote:
@hisah where art thou?

Hadn't seen the thread. So orange now wants out. If MTN does break into KE that would an interesting turn of events.

But as @vvs says politricks can easily ruin things. I still feel the current consolidation will continue and a duopoly is the end result in KE. Treasury is stuck too deep in orange debts to get any nice deal on disposal esp with a buyer like MTN.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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dunkang
#19 Posted : Monday, March 10, 2014 11:56:08 AM
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Location: -1.2107, 36.8831
France Telecom, the company that owns the majority stake in Telkom Kenya, said on Friday that it was reviewing its Kenyan operation with a view to taking new partners on board to stave off a financial crisis.

The company, which trades as Orange, said that the review plan also includes the Uganda operation and that it had hired Lazard consultants to execute the task.

“The group has recently started a strategic review with regards to our activities in Uganda and Kenya,” France Telecom’s press officer Tom Wright told the Business Daily in an email.

“One option would be to find new partners in these countries to ensure that the necessary financial and operating resources are available to maintain investment and support the continued development of operations,” he said.

RINK!!!!!
Receive with simplicity everything that happens to you.” ― Rashi

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Ericsson
#20 Posted : Monday, March 10, 2014 11:57:34 AM
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Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@dunkang
It's already a confirmation.France Telecom are pulling out of Telkom Kenya.Wamechoka an wameona hawawezi hack
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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