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Orange Kenya says will not rebrand despite sale conclusion

2016-06-14 08:45:00| Telecompaper Headlines

(Telecompaper) Orange Kenya will not rebrand, at least for now, following the sale of a majority stake to Helios. The Treasury said the new owners will instead be required to concentrate on turning around the company to effectively compete with Safaricom, Airtel and Equitel in the market. According to the government, the company will still use the Orange brand for at least 18 months, The Star reported.

Tags: sale orange conclusion kenya

 

Orange brand to remain in Kenya for 18 months

2016-06-14 02:00:00| Total Telecom industry news

Former Orascom CFO to lead Helios Investment Partners' bid to turn around Kenyan mobile operator.

Tags: months brand remain orange

 
 

Orange completes Kenya exit

2016-06-13 02:00:00| Total Telecom industry news

French operator receives required regulatory approvals to sell Telkom Kenya to Helios Investment Partners.

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Kenyan government to increase stake in Orange to 40%

2016-06-10 13:52:00| Telecompaper Headlines

(Telecompaper) The Kenyan government plans to increase its stake in Orange Kenya from the current 30 percent to 40 percent, Capital FM reported. Treasury Cabinet Secretary Henry Rotich says this is part of the government plans in rehabilitating struggling parastatals.

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Telenet extends MVNO deal with Orange through 2018

2016-05-31 08:27:00| Telecompaper Headlines

(Telecompaper) Telenet has agreed to pay Orange Belgium a minimum EUR 150 million to end their MVNO agreement by the end of 2018. Telenet has used the Orange network since 2006 to provide its mobile services, but now wants to migrate customers to its own network, since it acquired the operator Base earlier this year. The new agreement will see the Full MVNO service provided by Orange to Telenet run until the end of 2018, compared to a previous deadline of 2017. Telenet committed to a minimum payment of EUR 150 million (excluding VAT) over the period 2016-2018. The actual amount paid by Telenet could exceed this in the event of higher network usage. 

Tags: deal orange extends telenet

 

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