Telkom does not need bailout
26 March 2012, 14:03
Nairobi - Telkom Kenya says it is financially sound contrary to reports in a section of the media that it is facing a liquidity crisis and requesting for a KES10 billion bailout from the government,
In his statement to Capital News, Chairman Eddy Njoroge said the media were referring to the financing requirements proposed in a draft strategic plan that is still being reviewed by the board.
Njoroge went on to assure the public that Telkom Kenya is a stable company that is here for the long haul and we will do everything possible to avert any risks to the business now or in the future.
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