Orange Kenya up for sale.
http://mobile.nation.co....l/-/hopywo/-/index.html
Quote:Depending on how the negotiations between France Telecom and the new buyer progress- the French investors could be out of the company by June 2014.
France Telecom owns 70 per cent of shares in the
company. The government is the other shareholder with a 30 per cent stake.
Well-placed sources exclusively told the Nation that the French had informed the government that they intended to enter into a transition agreement with the new buyers to ensure that the change in ownership was smooth and to maintain the quality of service to subscribers.
Now I see why the turbo trade on mpesa bank last Friday.
This orange kenya is such an enron only political will can force the skeletons out of the closet (expose the corrupt shadow masters and force a default and wind down). Waiting to see who's inheriting the skeletons and how long they'll take in water before selling out to the next sucker...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!