0
General

Investors eye Orange Kenya's KES 13 bln real estate assets

Tuesday 29 September 2015 | 10:00 CET | News
Investment firms fighting to take over Orange's stake in Orange Kenya are mainly eyeing the company's KES 13 billion real estate assets, an Orange valuation report shows, as reported in Business Daily. The report, which Orange prepared ahead of failed negotiations to sell the stake to Nigerian investors, shows that land, together with frequency spectrums and a vast fibre optic cables network, top the list of assets that the French company is using to entice suitors as it prepares to exit the Kenyan market.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: British Telecom / Orange Kenya
Countries: Kenya
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telkom Kenya puts properties worth KES 3.87 billion up for sale ahead of merger

Published 16 Aug 2019 10:30 CET | Kenya
Telkom Kenya has put KES 3.87 billion worth of properties throughout the country up for sale as it seeks to raise cash to ...

Orange sells stake in Kenyan unit to Helios Investment

Published 10 Nov 2015 08:15 CET | Kenya
The Orange Group announced that it has signed a binding agreement with Helios Investment Partners for the sale of its entire 70 ...

Orange in final talks to sell Kenyan mobile stake

Published 02 Oct 2015 09:49 CET | Kenya
The Kenyan government says France's Orange is in the final round of negotiations with an unidentified party to sell its 70 ...

Orange Kenya targets KES 1 bln from asset sales

Published 23 Sep 2015 09:17 CET | Kenya
Orange Kenya has stepped up the sale of its assets by listing seventeen properties with an estimated value of KES 1 billion, at a ...

Orange Kenya sale talks set to be concluded by month-end

Published 16 Sep 2015 11:29 CET | Kenya
Talks on the sale of Orange Kenya will be concluded by the end of September, the Nation reported. National Treasury Cabinet ...





Calendar   /   Industry Events

18 Oct Apple Event
19 Oct America Movil Q3 2021
19 Oct Ericsson Q3 2021
19 Oct Tele2 Q3 2021
19 Oct A1 Telekom Austria Q3 2021
19 Oct Iridium Q3 2021
19 Oct Netflix Q3 2021
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Verizon Q3 2021
20 Oct Crown Castle Q3
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct Telia Q3 results
21 Oct Snap Q3
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Intel Q3
21 Oct Telenor Q3 2021
21 Oct Digi Q3 2021
21 Oct Grameenphone Q3 2021
22 Oct Doro Q3 results
25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
::: More Calendar Items