26 Oct 2018

Telkom to restructure to align its cost structure and skills-sets

 

Nairobi, Kenya, October 26, 2018: Telkom has today issued the requisite thirty-day notice to relevant authorities and company stakeholders, of an intended workforce-restructuring exercise. In the statutory notification to the Ministry of Labour, Telkom Kenya has indicated that it is considering declaring about 500 employees, redundant.

 

Since 2016, Telkom has successfully rebranded, invested KSh 14 Billion into its business to expand its network coverage, launched 4G services and its MFS platform, T-kash. Telkom has initiated a revamped strategy to become the credible number two; The Challenger in the market.

 

To enable Telkom to invest more into the growth and sustainability of its business, it must align its cost structure and skill-set with its Strategy. This requires Telkom to restructure its business, and as a result, this will impact the current and long-term needs of its workforce. This restructuring will enable Telkom to not only invest in its business but more importantly in its people.

 

Telkom being in a fast-evolving sector, is adapting to market dynamics and changing consumer demands, to ensure that it delivers relevant and competitive products and services. This will also ensure that Telkom becomes a stronger player in the market and grows its relationship with its business partners. 

 

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About Telkom

Telkom connects the people that keep Kenya on the move. It does this by providing integrated telecommunications 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, mobile money 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.

Telkom is building on a strong, consumer-centric ethos that is committed to providing innovative, accessible and refreshingly simple communications solutions that suit customers’ everyday communication needs.

Established as a telecommunications operator in April 1999, Telkom is 60 per cent owned by Helios Investment Partners, with the remaining stake held by Kenyans through the Government of Kenya.

 

For more information, please contact:

gmlaghui@telkom.co.ke

cosmas.butunyi@mediaedgeke.com