KENYA’S SNO BIDDERS DOWN TO THREE - TELENOR, TAIFCOM & AFRICAN BELL

Telecoms

Bidders for Kenya’s second fixed line license submitted their bids last Friday. Out of the four consortiums interested in the license only three submitted their bids.

Communication Commission Of Kenya Director-General Sammy Kirui said that the eventual winner of the bidding process would be the the bidder with the highest financial bid subject only to scoring the minimal pass-mark in the technical/business proposal.

To pre-qualify for the bidding process consortia were required to submit evidence of a minimal annual turnover of more than 12 billion shillings, the capability to manage a network of 500,000 subscribers and more, in addition interested parties were required to submit a financial network history of their consortium members including past three years annual financial statements.

30 per cent of the equity also had to be locally owned. The only firms which managed to submit their bids today were Telenor Management Partner, Taifacom, and African Bell. CCK will gazette its intention to award the licence to the winning bidder on 2 July, while the SNO licence itself will be awarded on 3 September.

http://www.kbc.co.ke/story.asp?ID=21739