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The line of Business:
we provide the
following services;
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Telecommunication systems
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GSM, CDMA, GRPS,
Service providers
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Switched Base
Solutions
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Multiple Protocol
Environments
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Managed Network
Services
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Local Interconnect
solutions
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Land based
solutions.
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Wireless Fixed
Line Solutions
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Kinz TeleCom Ghana
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KinzTeleCom is the wide and clear address of
the unique telecommunication services in the West African region, with its
new visions of the services, very efficient for the subscribers who will
gain the real profit paying 50% of the old ordinary usage of the old
fashion services.
KinzTeleCom is affiliated to Kinz Group of
Companies Ghana, that group part of Kinz International Group based in
Dubai, UAE (the mother group of companies)
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Kinz TeleCom in Media |
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6 April 2007, by Nana Kofi Acquah.
For three good years, the saga raged. The Government of Ghana wasn't
satisfied with the performance of Western Telesystems (WESTEL), Ghana's
second national telecommunications operator, so they bought their
American partners out. Now the question was, who gets to buy themselves
in? Many names came up. A couple of weeks ago, Globacom was so
rumor-mongered, I wrote about them... and finally, it turns out Kinz
Telecom and Etisalat Communications of the UAE have won the race to
secure a 66.7% stake in Westel.
Dr Salieh El Hassan, Chairman of Kinz
International Group, is reported to have told TeleGeography (www.telegeography.com),
this week: ‘We would like to inform you [that] Kinz Telecom, one of our
Kinz International Group, is winning the WESTEL bidding in Ghana… we
will get 66.7% of WESTEL.’ Kinz Telecom also said it had been advised by
both the government appointed transactional advisers, NTHC and Databank,
and the sector Minister that it has emerged the winner out of the four
short-listed bidders, writes the Ghanaian Chronicle.
It is understood that Kinz has offered more than the
USD65 million asking price and has pledged to absorb the company’s debts
and to invest USD500 million in cash and equipment and ‘replicate a
full-blown social responsibility agenda on women, education, youth,
sports development and technology transfer’.
Purchasing the WESTEL stake will also
give Kinz the prized asset of its E-Marine submarine cable laying unit
which builds fiber-optic networks and manufactures telephone smart
cards. Kinz Telecom chairman Nana Martinson said 'we were interested in
acquiring WESTEL because we have solid faith in the future of the
Ghanaian economy and trust in the country's national telecommunications
policy'. Martinson also revealed that his company is teaming up with
Huawei as equipment suppliers and manufacturers".
With Ghana's current electricity supply
problems at its worst ever, forcing companies like Valco to shut down
and compelling a lot of other businesses to re-think, the Kinz Telecom
coming aboard might easily be one the government of Ghana's most
successful stories for 2007.
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Mr. Taha Al Hamiri & Nana Ato Martinson talking to
Ghanaian Chronicle daily newspaper
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Talking More & More
Pay Small Small |
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 News
Desk | Posted: Wednesday, April 18, 2007
Kinztelecom docks in Ghana
Bells, whistles and fibre opticsKinz
Telecom finds Ghana, a haven of opportunities where the people and
the leadership appear willing and able to help themselves, Mr. Taha
Al Hamir has said in an interview with a group of journalists over
the weekend.
He said once they settle here and tackle tourism as the sector
they would invest in, other companies in the United Arab Emirates
(UAE) could be drawn to Ghana as Dubai Wall did when they went to
Egypt, the Director, Sales and Marketing told the press in an
interview after signing the $250 m agreement of their 66. 7% stake
in Western Telesystems( Westel).
Mr. Al Hamri was still upbeat that they came expecting to pay
$95m but parted with an increased figure of $250m for fixed line,
CDMA and GSM licence which came with the package, and said it was
still a win-win situation for them because the President pulled the
deal for Ghana and got the best deal for the country and gave
Ghanaians a sense of ownership of the company.
With the assets of Westel, they were sure that they will have
very little to do with them as the company is going to deploy the
most advanced state of the art technology when they roll out in two
months time, and that they were thinking through a name for the
company which defines the ethos and culture of the people soon.
The Government would float 33.6 percent of shares in the company
to the general public through the Ghana Stock Exchange (GSE) before
the close of the year to enable Ghanaians to become part owners of
the company.
The agreement was signed by the Minister of Communications,
Professor Mike Oquaye, and witnessed by his deputy, Dr Benjamin
Aggrey Ntim, on behalf of the government, while Dr. Salieh El Hansan,
the chairman of Kinz International Group, initialed for his company
and was witnessed by Nana Ato Martinson, the chairman of Kinz
Telecom Ghana.
One of the highlights of KINZ telecom group is the deployment of
their satellite to lower call charges for everybody to talk.
The initial bid offer advertised by the transactional advisors,
Databank Financial Services and the National Trust Holding Company
(NTHC), acting on behalf of the government, was $65 million but Kinz
Telecom emerged the favorite among African Sot Limited of Ghana/US,
AfriTel Communications (Ghana) Limited, National Telecom Cards
Company of Egypt and Business Acceleration Group of South Africa
after it offered to pay $95 million for the company.
However the transactional advisers were shown the door when the
deal was seized by the Government to continue the negotiations. The
price was first raised to $400m and came down to $250m at the final
hammer. The price includes a debt of $25 million owed by Westel to
the sector regulator, the National Communications Authority (NCA)
including $13m which covers other licence fee.
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Kinz TeleCom Ghana Logo
Mr. Khalid El Marzougi
CEO
Kinz International Group
Dubai - UAE
Nana Ato
Martinson
chairman
Kinz Telecom Ghana
and
The Local Partiner
Mr. Taha
Al Hamiri
General Director
Kinz TeleCom Ghana
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The
Telecommunications revolution is now underway Many existing telecom
companies are rebuilding their networks to meet the competition and
to provide the necessary services required by these dynamic market. Kinz International Group
can provide these new telecommunications technologies CDMA 2000 &
3G in association with its Strategic Business Partners that will
meet our client's needs for today and future. We can provide
both terrestrial and ground based systems utilizing low-coast
satellite-based systems for telemetry and data transmission while
the "backbone" of our network will use internet technology, the
Internet Protocol (IP). Network has become the "next generation"
telephone network. These packet switched networks will be the
standard for both consumer and enterprise wide applications. The
Kinz International Group is
committed to the development and delivery of telecom network
solutions, products and services to the global marketplace via fiber
optic, internet circuit, satellite and public switched telephone
network systems.
To review the
comprehensive summary of our project of telecommunication in Ghana,
will be managed by our affiliated company
Kinz Telecom Ghana Limited
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