this is according to the east african newspaper
Do the french have a case or they have suddenly realized they cant make it in the kenyan market hence looking for a safe exit?

This will be the joke of the year!

As some one once asked when the story broke a few weeks ago, "did they want to be given the company for free?"

I don't even know why Treasury is engaging in negotiations - the deal was concluded a long time ago...unless Orange wants to sell Telkom back to GoK

With all those transaction advisors, hot shot mergers & acquisition experts, cutting edge lawyers they still bought a lemon!! Kind of like Standard Bank ZA buying an empty box called CFC (I know @mukiha will not be pleased by this!!)

Its good we sc***d somebody for once rather the usual case where we get sc***d worse than a k-street worker.

Guys were conned so they claim. What they were shown and what they got were two different things. There are documents of disclosures which were shown to bidders. These documents are called warranties. The guys could not trace the assets listed in the warranties. They are even claiming more than they paid. Gova was planning thes guys would do a trick and then do an IPO, make mone and sc**w us in as usual.

....and then the invested in a very expensive GSM license yet they already had CDMA on the ground and running.

They don't know what they are doing.

When Wa-maria said GOK got a deal too good to refuse, some critics came baying for his neck. He must have known they had gonga'd the french.

French are very successful businessmen in Francophone. They dominate everything and tolorate the corrupt govts there. However, for them to succed in Aglophone they must adopt new strategies. However, the strategy they are using will heavily backfire on them.

To borrow from RAO, when it comes to mobile phone industry in kenya "Farasi ni wawili, hiyo ingine ni punda".