Posts Tagged ‘France Telecom’

How the French got their way in battle for Telkom Kenya

(HornTrade) – France Telecom has quietly negotiated a sweetheart deal with Kenya’s Treasury that guarantees the company liberal privileges including lucrative contracts to exclusively manage and control assets built by the government at a cost of millions of dollars.

The French company is co-owner with the Kenya government of Telkom Kenya Ltd, having paid out $369 million in 2007 for a 51 per cent stake in the former state-controlled monopoly.
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