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Safaricom, Airtel buy out Yu mobile
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Rankaz13
#61 Posted : Saturday, March 29, 2014 10:55:25 PM
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Joined: 5/21/2013
Posts: 2,841
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Life is like playing a violin solo in public and learning the instrument as one goes on.
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mpobiz
#62 Posted : Saturday, March 29, 2014 11:37:22 PM
Rank: Elder


Joined: 8/10/2010
Posts: 2,264
Rankaz13 wrote:

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly why is yu dead or dying with his mouth wide open?
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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Rankaz13
#63 Posted : Sunday, March 30, 2014 8:41:35 AM
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Joined: 5/21/2013
Posts: 2,841
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mpobiz wrote:
Rankaz13 wrote:

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly why is yu dead or dying with his mouth wide open?


Gasping for air?Laughing out loudly Laughing out loudly Laughing out loudly
Life is like playing a violin solo in public and learning the instrument as one goes on.
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hisah
#64 Posted : Friday, April 04, 2014 6:54:42 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Still trying to digest the approval.

http://www.bloomberg.com...om-airtel-purchase.html

Mpesa bank not interested. I prefer this outcome. Too much conditions make the deal unfavourable. I won't be surprised when Yu folds as bidders walk away - I don't expect member to buy it if Yu rivals walk away. CCK is too green here. They need a proper M&A section or firm to strike a clear deal. I repeat, Yu will fold and that will throw a sizable hammer towards Orange KE. Then the telco sector will stink due to toxic assets left by those two. The job losses won't be funny as well as defaults. Treasury and state hse need to watch this carefully...

http://www.businessdaily.../-/24owyjz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr
#65 Posted : Friday, April 04, 2014 7:03:17 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
hisah wrote:
hisah wrote:
Still trying to digest the approval.

http://www.bloomberg.com...om-airtel-purchase.html

Mpesa bank not interested. I prefer this outcome. Too much conditions make the deal unfavourable. I won't be surprised when Yu folds as bidders walk away - I don't expect member to buy it if Yu rivals walk away. CCK is too green here. They need a proper M&A section or firm to strike a clear deal. I repeat, Yu will fold and that will throw a sizable hammer towards Orange KE. Then the telco sector will stink due to toxic assets left by those two. The job losses won't be funny as well as defaults. Treasury and state hse need to watch this carefully...

http://www.businessdaily.../-/24owyjz/-/index.html


I wonder what motive CAK had.
"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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dunkang
#66 Posted : Friday, April 04, 2014 8:45:34 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
murchr wrote:
hisah wrote:
hisah wrote:
Still trying to digest the approval.

http://www.bloomberg.com...om-airtel-purchase.html

Mpesa bank not interested. I prefer this outcome. Too much conditions make the deal unfavourable. I won't be surprised when Yu folds as bidders walk away - I don't expect member to buy it if Yu rivals walk away. CCK is too green here. They need a proper M&A section or firm to strike a clear deal. I repeat, Yu will fold and that will throw a sizable hammer towards Orange KE. Then the telco sector will stink due to toxic assets left by those two. The job losses won't be funny as well as defaults. Treasury and state hse need to watch this carefully...

http://www.businessdaily.../-/24owyjz/-/index.html


I wonder what motive CAK had.

There are some Nigerians who have USD 200M, whilst SafCom-Airtel deal is USD 100M. That is why!
Receive with simplicity everything that happens to you.” ― Rashi

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mwekez@ji
#67 Posted : Friday, April 04, 2014 9:08:04 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
dunkang wrote:
murchr wrote:
hisah wrote:
hisah wrote:
Still trying to digest the approval.

http://www.bloomberg.com...om-airtel-purchase.html

Mpesa bank not interested. I prefer this outcome. Too much conditions make the deal unfavourable. I won't be surprised when Yu folds as bidders walk away - I don't expect member to buy it if Yu rivals walk away. CCK is too green here. They need a proper M&A section or firm to strike a clear deal. I repeat, Yu will fold and that will throw a sizable hammer towards Orange KE. Then the telco sector will stink due to toxic assets left by those two. The job losses won't be funny as well as defaults. Treasury and state hse need to watch this carefully...

http://www.businessdaily.../-/24owyjz/-/index.html


I wonder what motive CAK had.

There are some Nigerians who have USD 200M, whilst SafCom-Airtel deal is USD 100M. That is why!


And what was Equity deal? ... We dint want this deal to go to to oligopolists' safcon and airtel, but we also dont want it to go naija
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dunkang
#68 Posted : Friday, April 04, 2014 9:24:43 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
mwekez@ji wrote:
dunkang wrote:
murchr wrote:
hisah wrote:
hisah wrote:
Still trying to digest the approval.

http://www.bloomberg.com...om-airtel-purchase.html

Mpesa bank not interested. I prefer this outcome. Too much conditions make the deal unfavourable. I won't be surprised when Yu folds as bidders walk away - I don't expect member to buy it if Yu rivals walk away. CCK is too green here. They need a proper M&A section or firm to strike a clear deal. I repeat, Yu will fold and that will throw a sizable hammer towards Orange KE. Then the telco sector will stink due to toxic assets left by those two. The job losses won't be funny as well as defaults. Treasury and state hse need to watch this carefully...

http://www.businessdaily.../-/24owyjz/-/index.html


I wonder what motive CAK had.

There are some Nigerians who have USD 200M, whilst SafCom-Airtel deal is USD 100M. That is why!


And what was Equity deal? ... We dint want this deal to go to to oligopolists' safcon and airtel, but we also dont want it to go naija

These Nigerians, Mega-tech Engineering Limited, have no TeleCom background. So, it seems Ekwete may be behind the screen, controlling them. Its just a maybe.
Receive with simplicity everything that happens to you.” ― Rashi

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hisah
#69 Posted : Friday, April 04, 2014 9:28:28 AM
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Joined: 8/4/2010
Posts: 8,977
@dunkang - how well are the naija bank subsidiaries in KE fairing? The telco sector bizarre loyalty is similar to EABL's tusker brand. Next, how well do the locals view the naija reputation? Good luck to the prospective naija camp. Tough market this one and I hope price wars will not be their strategy, it's become too boring.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rankaz13
#70 Posted : Friday, April 04, 2014 10:41:31 AM
Rank: Elder


Joined: 5/21/2013
Posts: 2,841
Location: Here
murchr wrote:
hisah wrote:
hisah wrote:
Still trying to digest the approval.

http://www.bloomberg.com...om-airtel-purchase.html

Mpesa bank not interested. I prefer this outcome. Too much conditions make the deal unfavourable. I won't be surprised when Yu folds as bidders walk away - I don't expect member to buy it if Yu rivals walk away. CCK is too green here. They need a proper M&A section or firm to strike a clear deal. I repeat, Yu will fold and that will throw a sizable hammer towards Orange KE. Then the telco sector will stink due to toxic assets left by those two. The job losses won't be funny as well as defaults. Treasury and state hse need to watch this carefully...

http://www.businessdaily.../-/24owyjz/-/index.html


I wonder what motive CAK had.


I have a feeling, one of these days, the authorities will push for total separation between Safcom proper and mpesa bank on the argument of having Safcom offer telco services and let mpesa concentrate on financial services (think AT & T, Standard Oil, etc). I could be wrong though, but personally I'd favor such a scenario. I think it's needed in order to restore some vibrancy and innovation in our telco sector as well as level out competition.
Life is like playing a violin solo in public and learning the instrument as one goes on.
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washiku
#71 Posted : Sunday, April 06, 2014 12:58:30 PM
Rank: Chief


Joined: 5/9/2007
Posts: 13,095
Rankaz13 wrote:
murchr wrote:
hisah wrote:
hisah wrote:
Still trying to digest the approval.

http://www.bloomberg.com...om-airtel-purchase.html

Mpesa bank not interested. I prefer this outcome. Too much conditions make the deal unfavourable. I won't be surprised when Yu folds as bidders walk away - I don't expect member to buy it if Yu rivals walk away. CCK is too green here. They need a proper M&A section or firm to strike a clear deal. I repeat, Yu will fold and that will throw a sizable hammer towards Orange KE. Then the telco sector will stink due to toxic assets left by those two. The job losses won't be funny as well as defaults. Treasury and state hse need to watch this carefully...

http://www.businessdaily.../-/24owyjz/-/index.html


I wonder what motive CAK had.


I have a feeling, one of these days, the authorities will push for total separation between Safcom proper and mpesa bank on the argument of having Safcom offer telco services and let mpesa concentrate on financial services (think AT & T, Standard Oil, etc). I could be wrong though, but personally I'd favor such a scenario. I think it's needed in order to restore some vibrancy and innovation in our telco sector as well as level out competition.


This has already been suggested by CBK and its under discussion, though Safcom will obviously oppose it.
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murchr
#72 Posted : Sunday, April 06, 2014 5:19:23 PM
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Joined: 2/26/2012
Posts: 15,980
hisah wrote:
@dunkang - how well are the naija bank subsidiaries in KE fairing? The telco sector bizarre loyalty is similar to EABL's tusker brand. Next, how well do the locals view the naija reputation? Good luck to the prospective naija camp. Tough market this one and I hope price wars will not be their strategy, it's become too boring.


Their banking subsidiaries are not doing well, lukewarm i must say. I don't see any other player coming in and expecting to get cosy without a vicious war. Telco's in KE should think less about voice and more about data. With digital TV becoming a reality, this will be the new money maker. (Watch TV from anywhere from laptops tablets and phones)

Watsapp, twitter have taken over SMS, both personal and broadcast but one has to have an internet connection to tweet facebook and to watssapp. Soon Telcos will not care about voice---might offer it free.

Rankaz13 wrote:
I have a feeling, one of these days, the authorities will push for total separation between Safcom proper and mpesa bank on the argument of having Safcom offer telco services and let mpesa concentrate on financial services (think AT & T, Standard Oil, etc). I could be wrong though, but personally I'd favor such a scenario. I think it's needed in order to restore some vibrancy and innovation in our telco sector as well as level out competition.


They might IF it will be politically correct BUT, the telco industry is evolving world wide. Most of the world is embracing mobile money - apart from America where the banking industry is well guarded by politricks, banks have their own applications that they use to bank checks and transfer money in one way or another but truth be told what we have in Kenya is more advanced. I read somewhere that Michael Joseph was launching Mpesa in Europe so Obama land might be left alone.

In my opinion. I see Safcom transforming into what Vodafone is offer telco services and TV. If it does this FAST, then the likes of Nation will be Kaput in the coming years.

"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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