Telkom woes increase as contract to manage state fibre network expires

9 Jul 2013

Telkom Kenya’s financial woes look set to deepen after the expiry of an exclusive contract to manage the state-owned National Optic Fibre Backbone Infrastructure (NOFBI), which has previously earned the stricken company KES250 million (USD2.83 million) per year in fees. The three-year contract ended in June and the Treasury will now begin the search for a new management firm. Business Daily Africa quotes Eunice Kariuki, the marketing director for the Kenya ICT Board, as saying: ‘Telkom Kenya will have to undergo the procurement process just like any other firm and will have to move on if they lose the bid’.

Kenya, Telkom Kenya