BUSINESSNews

Telkom Kenya to form subsidiaries to house its Digital and Financial Services businesses


Telkom Kenya has announced that it is creating two 100% wholly-owned subsidiaries to house its Digital and Financial Services businesses. 

The move, Telkom says is aimed at enhancing service delivery as the telco moves into its next phase of transformation, in line with its focus areas.

In August last year, Telkom re-organized its structure into Telkom Consumer and Telkom Digital. The end game was to further simplify the customer journey and create more value, thereby releasing better customer experience.

The reorganization was ‘’to strategically address the digital transformation being witnessed, as well as lay the groundwork towards our long-term goal to become the technology partner of choice.’’ a statement from the company reads. 

Telkom says this new move will also see it better cater to the evolving trends in the telco industry, and in particular, heightened demand for infrastructure and data services. It also adds that no jobs will be affected.

‘’It is also important to highlight that there will be no loss of jobs as a result of this exercise which is geared towards furthering our objective of making Telkom the technology partner of choice.’’ the statement reads.

Telkom Kenya says it’s committed to better position its infrastructure asset base and services to drive digital transformation within the Consumer, SME, Corporate and Public Sectors. It also aims to create a smart landing hub for submarine cables that would act as the gateway to the East African region and beyond, bridge the consumer digital divide through the expansion of its 4G/LTE network as well as up-skill its employees to be future-fit, to be able to serve the evolving needs of our customers.

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Nixon Kanali

Tech journalist based in Nairobi. I write about tech, business and African startups. Founder and Editor For TechTrendsKE. Nixon is also the East African tech editor for Africa Business Communities. Send tips to nkanali@techtrendske.co.ke.

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