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Telkom Kenya

Telkom Kenya
Private company
Industry Telecommunications
Founded 1999
Headquarters Nairobi, Kenya
Key people
Eddy Njoroge
Chairman
Steven Evans
Executive Vice Chairman
Aldo Mareuse
Chief Executive Officer
Kris Senanu
Managing Director
Products Telecommunications services
Internet services
Revenue KES 40 billion (2010)
Owner Helios Investment Partners (60%)
Government of Kenya (40%)
Number of employees
~ 6,500 (2010)
Website Homepage

Telkom Kenya is the sole provider of landline phone services in Kenya. It was previously a part of the Kenya Posts and Telecommunications Corporation (KPTC) which was the sole provider of both postal and telecommunication services. In 1999 KPTC was split into the Communications Commission of Kenya (CCK), the Postal Corporation of Kenya (POSTA) and Telkom Kenya.

The company operates and maintains the infrastructure over which Kenya's various internet service providers operate. As of 2004, most internet service was provided via dial-up service. Jambonet, an important Kenyan ISP, is a subsidiary of Telkom Kenya. It also offers mobile GSM voice and high speed internet services under the Orange Kenya brand, in which it is the 3rd in market share after Safaricom and AirtelKenya.

In 2007 France Télécom (now Orange S.A.) acquired 51% of Telkom Kenya's shares at a cost of US$390 million. In November 2012, the shareholding structure changed due to a decision by the Kenyan government to convert the its shareholder loans into equity in order to ease Telkom Kenya's debt burden. It was subsequently confirmed that the Kenya government would retain 40% shareholding down from 49% with the remaining shares held by France Télécom. In January 2013, France Télécom increased its stake in Telkom Kenya to 70% as a consequence of the government's failure to provide its full portion of 2012 funding.

On November 9, 2015, Helios Investment Partners announced that they were going to purchase France Télécom's entire stake in Telkom Kenya.


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