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Fibre Cable- Safaricom Access Impact
novestor
#1 Posted : Wednesday, March 11, 2009 6:58:00 AM
Rank: Member


Joined: 9/4/2008
Posts: 48
I remember several warnings that the fibre optic cable would impact Access badly,some disputed the fact. It now turns out safaricom owns at least 25%,of the Project with loads of cash and Telkom 20% of the project,Access 1% and no cash. The cable lands next month. Safaricom acquired Landline license through aquisition last year and has laid much more underground fibre infrastructure for voice and data applications than telkom,which will use its poles. Watch the unfolding drama.....

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Much Know
#2 Posted : Wednesday, March 11, 2009 7:06:00 AM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
The dumping has began in earnest...i also remember some guy asking to invest 45K....i told him butchery...forget access...some fella insisted on access....informed investing is the key to gains in NSE....

Ninajua Yote!
A New Kenya
jammo
#3 Posted : Wednesday, March 11, 2009 7:13:00 AM
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Joined: 2/12/2008
Posts: 345
Business success is measured by market penetration and just how satisfyin n convenient product is to consumer....Access should prioritise n biuld up on its corporate end market...entry into home product has been overtaken by events...namely that flashdisk modem of safcom..if safcom got 15% of its clients to get the modem..that's approx 900000 home n small office internet users at a click of a mouse button. Access so far since 2007 has about 800k clients..ofcourse thanks to acquisitions! Woiye hawaesmek!

The race is not always to the swift..nor the battle always to the strong..nor food always to the wise..nor riches always to the intelligent..favor is not always to the skilled..or learned..but time and chance happens to all. Ecl9:5..
mlefu
#4 Posted : Wednesday, March 11, 2009 7:18:00 AM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
Ak will go down sooner than thought,so will guys like me in the VOIP business,am looking in to flashdisk modems .......... any insights?

muthomi mugi aiikagia maitho kabere...
Much Know
#5 Posted : Wednesday, March 11, 2009 7:23:00 AM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
i understand digging the trenches for fibre is where the money currently is

Ninajua Yote!
A New Kenya
nanfor
#6 Posted : Wednesday, March 11, 2009 8:01:00 AM
Rank: Member


Joined: 3/6/2009
Posts: 172
if safcom owns any part of this,then I will be buying its shares very soon. 3 bob is a steal for the next kenya communication empire.
Murenju
#7 Posted : Wednesday, March 11, 2009 8:12:00 AM
Rank: Member


Joined: 7/13/2006
Posts: 94
Location: Nairobi
Pirates may frustrate the completion of the project. They may demand ransom to keep the cable intact by demanding ransom. If you they do,you have to pay and if you don't,they cut the cable. Has the govt fully paid its share for the 25% ownership?

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KulaRaha
#8 Posted : Wednesday, March 11, 2009 8:17:00 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Pls note,there is no mobile phone company anywhere that is reliant on data for revenues,the bulk of the money comes from voice i.e. calls!!!

This is also the case for Safcom.




Business opportunities are like buses,there's always another one coming
Business opportunities are like buses,there's always another one coming
Njunge
#9 Posted : Wednesday, March 11, 2009 8:29:00 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Murenju,

wacha vitimbi....eh?....The walalos have gone high tech and can dive down two kilometers to go cut a cable??.....and how will they know where it is?......Or they will drain the ocean?........hehehehe...!!



Guka wa bijuti...
Nothing great was ever achieved without enthusiasm.
adept
#10 Posted : Wednesday, March 11, 2009 8:32:00 AM
Rank: Member


Joined: 12/8/2008
Posts: 359
I'm not sure about the significance of a threat by pirates to cut it...I thought the cable would be hundreds of feet below the ocean's surface (except as it approaches the docking station onshore) and would need quite the equipment to access...
Njunge
#11 Posted : Wednesday, March 11, 2009 8:53:00 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@adept,

Murenju is just being comical.Imagine a walalo na msumeno eti anaenda kukata cable??....Lmfbo..!!



Guka wa bijuti...
Nothing great was ever achieved without enthusiasm.
Ray
#12 Posted : Wednesday, March 11, 2009 9:37:00 AM
Rank: Member


Joined: 1/9/2007
Posts: 219
@Jammo

Sorry to hijack the forum. Is Total and Kenya Oil a good buy bearing in mind they haven't announced there results yet?
tusker8
#13 Posted : Wednesday, March 11, 2009 10:44:00 AM
Rank: Member


Joined: 8/22/2008
Posts: 82
Now,ignorance is what ails this country of ours
@Novestar. Safcon have not laif any cable withing the country BUT KDN has connected their base station with their fiber in most parts of the country. secondly,Telkon has,and have had terrestial fiber for a couple of years now,in fact they were competing with KDN of whom shall get to Malaba firts in 2006. KDN did. Telkon has only done the back-bone stretch from msa to malaba & busia while KDN has stretched inwards to major towns in the country,
safaricom network is also voice specific,they are just venturing into data services for commercial diversification but priority will always be given to voice.

The only guys using poles for fiber are KPLC,yes they are doing fiber too.

And,Ak has also started digging fiber. The guys in yellow bibs around town and about are AK's

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saitoti
#14 Posted : Wednesday, March 11, 2009 3:41:00 PM
Rank: Member


Joined: 4/16/2008
Posts: 157
THE CABLE HAD TO BE SHIFTED BY 200 MILES FROM THE ORIGINAL ROUTE DUE TO THE THREAT POSSED BY THE SOMALI PIRATES. mind you it's yet to land.

WE ARE ONE UNITED KENYA.
bird_man
#15 Posted : Wednesday, March 11, 2009 4:25:00 PM
Rank: Veteran


Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
When you have a base station network like Safaricom,you do not need to lay cable all over the country,you use your base station!!!All you need is a Safaricom modem or router and there,you have connectivity. Those of you familiar with going ons at Safaricom will understand why they acquired OneCom and also why they are pioneering in Wimax.

With Wimax,you have an integrated voice,data and internet corporate solution with absolutely no cabling!I work in a bank where voice is by Telkom,Internet by a funny ISP and data connectivity by KDN. Now imagine how each of these companies refuse to take responsibility when there is a failure......each blames the other and for sure at times its hard to know who is to blame.

Enter Wimax now,we have decided to go that way. We shall have voice,data connectivity and internet all by Safaricom thro OneCom engineering. Whats better is that all we need is a router in the bank and a GPRS radio receiver......no cables from outside or to our branches!

So those of you thinking Safcom has been shafted.....think again,they have shafted everyone else.All they need is to increase the traffic capacity their base stations can handle,which to me is the challenge.

The course of the world is changed by those who dare dream!
Formally employed people often live their employers' dream & forget about their own.
bird_man
#16 Posted : Wednesday, March 11, 2009 4:26:00 PM
Rank: Veteran


Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
And yes....in todays paper i hear those pirates are a real threat.

The course of the world is changed by those who dare dream!
Formally employed people often live their employers' dream & forget about their own.
VituVingiSana
#17 Posted : Wednesday, March 11, 2009 6:27:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Si those warias who took their share of the cash drowned when they had to swim when their boat capsized?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
stocksguru
#18 Posted : Wednesday, March 11, 2009 7:05:00 PM
Rank: Member


Joined: 4/19/2007
Posts: 68
@bird_man:
Not in a bad way,but what bank do you work for? if as a bank you'll be going for safcon,then i need to get off your shareholder register,even if it means at the current 60% loss!
mlefu
#19 Posted : Tuesday, May 12, 2009 2:13:00 PM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
http://www.safaricom.com/

safaricom is into every-other business that i can think of..this is a good one

muthomi mugi aiikagia maitho kabere...
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