By
Jaindi Kisero
Columnist
Word from a well-placed insider: the government is about to go shopping, again, for a strategic investor to run and refinance Telkom Kenya. It is the height of irony that a multibillion-shilling national security asset is being left to bleed out in a regulatory and ownership wasteland.
Privatised in 2007, Telkom Kenya's ownership has been a game of pass-the-parcel — from France's Orange to the private equity group Helios, to full renationalisation, and finally to a little-known Emirati entity called Infrastructure Corporation of Africa (ICA).
