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Exte Coms House, Nairobi Kenya

June 22, 2022
in Real Estate
Reading Time: 3 mins read
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Exte Coms House is a 12-story high-rise building in Nairobi, , Kenya owned by Telkom Kenya. Telkom Kenya is an integrated telecommunications provider in Kenya. It was previously a part of the Kenya Posts and Telecommunications Corporation (KPTC) which was the sole provider of both postal and telecommunication services. The company was established as a telecommunications operator in April 1999, after the split of KPTC into the Communications Commission of Kenya (CCK), the Postal Corporation of Kenya (POSTA) and Telkom Kenya. The company is 60 per cent owned by Helios Investment Partners, with the remaining stake held by the members of the public through the Government of Kenya.

Website: https://www.telkom.co.ke/

Telkom is a technology company that provides integrated solutions to individuals, Small and Medium-sized Enterprises (SMEs), Government and large corporates in Kenya, drawing from a diverse solutions suite that includes voice, data/connectivity, digital financial services, as well as network services. Powered by its vast fibre optic infrastructure, it is also a major provider of wholesale carrier-to-carrier traffic, within the country and the region.

44.38 m
12
high-rise building
Exte Coms House

Exte Coms House Gallery

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History of Telkom Kenya

In 2007 France Télécom (now Orange S.A.) acquired 51% of Telkom Kenya’s shares at a cost of US$390 million. In November 2012, the shareholding structure changed due to a decision by the Kenyan government to convert its shareholder loans at that time, into equity in order to ease Telkom Kenya’s debt burden. It was subsequently confirmed that the Kenya government would retain 40% shareholding down from 49% with the remaining shares held by France Télécom. In January 2013, France Télécom increased its stake in Telkom Kenya to 70% as a consequence of the government’s failure to provide its full portion of the 2012 funding. In June 2017, the firm was re-branded from “Orange Kenya” to “Telkom Kenya”.

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