Wednesday, March 28, 2007

Kenya seeks partner in Telkom privatisation

(Reuters) - Kenya invited expressions of interest on Wednesday from companies seeking to buy a 26 percent stake in Telkom Kenya, a state-owned landline company, as a strategic partner.

In a newspaper advertisement, the government said it also intended to sell off a further 34 percent of Telkom in an initial public offering once the strategic partner was on board.


Read more at Reuters Africa

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