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Equity Bank unveils its MVNO strategy
Rank: Elder Joined: 12/11/2008 Posts: 2,306
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Del Great men are not always wise, neither do the aged understand judgement...
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Rank: Elder Joined: 12/11/2008 Posts: 2,306
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Somehow, I want to see tough competition between Safaricom and Equitel. I do not want either of them to be beaten, I just want each to be kept on their toes so I can benefit from lower cost of calls, internet and mobile money. If either of them wins this battle, we will be back to square one. Not good in my view. I therefore find myself supporting the underdog - Equitel in this case, but also hoping that Safaricom will defend its market ferociously by reducing charges, not by fielding 'good feel' ads. Great men are not always wise, neither do the aged understand judgement...
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Rank: Member Joined: 11/15/2010 Posts: 454 Location: Nairobi
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Robinhood wrote:Somehow, I want to see tough competition between Safaricom and Equitel. I do not want either of them to be beaten, I just want each to be kept on their toes so I can benefit from lower cost of calls, internet and mobile money. If either of them wins this battle, we will be back to square one. Not good in my view.
I therefore find myself supporting the underdog - Equitel in this case, but also hoping that Safaricom will defend its market ferociously by reducing charges, not by fielding 'good feel' ads. Member is already offering 'Free goodies'. It will be a battle of titans. ....He who began a good work in you will carry it on to completion..
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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MaichBlack wrote:selah wrote:kollabo wrote:They are giving out registration forms without the terms and conditions NKT! The terms and condition (which I doubt anyone reads)is available separately ...The words in there will give you a head ache....anyway...the terms and conditions are available...just ask the guy giving you the Form. Watu lazima watafute makosa! One wonders, which is easier? To ask the fellow who just gave you the form or to post on wazua complaining? Why I'm Still Paying 110/= Plus at the Pump Tuesday, October 21, 2014 6:38:06 AM MaichBlack wrote:Crude prices dropped to sub $100/= and now they are at $80/=. Why the hell I'm I still paying Kshs. 110/= plus at the pump for a litre of petrol???
For how long are we supposed to pay for inefficiencies, corruption etc. And why exactly are Kenyans so silent when they are being shafted left right and center?
The cost of energy impacts on EVERYTHING and it is amazing Kenyans don't feel the need to have a discussion on the same and demand for answers!
Don't just sit there. Make some noise. Wherever, however. It might seem inconsequential but remember the butterfly effect from chaos theory Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Pesa Nane wrote:MaichBlack wrote:selah wrote:kollabo wrote:They are giving out registration forms without the terms and conditions NKT! The terms and condition (which I doubt anyone reads)is available separately ...The words in there will give you a head ache....anyway...the terms and conditions are available...just ask the guy giving you the Form. Watu lazima watafute makosa! One wonders, which is easier? To ask the fellow who just gave you the form or to post on wazua complaining? Why I'm Still Paying 110/= Plus at the Pump Tuesday, October 21, 2014 6:38:06 AM MaichBlack wrote:Crude prices dropped to sub $100/= and now they are at $80/=. Why the hell I'm I still paying Kshs. 110/= plus at the pump for a litre of petrol???
For how long are we supposed to pay for inefficiencies, corruption etc. And why exactly are Kenyans so silent when they are being shafted left right and center?
The cost of energy impacts on EVERYTHING and it is amazing Kenyans don't feel the need to have a discussion on the same and demand for answers!
Don't just sit there. Make some noise. Wherever, however. It might seem inconsequential but remember the butterfly effect from chaos theory $80 is for NYMEX/WTI not Brent. Kenya buys oil/fuel using Brent-linked prices. Brent [or variants] is at a premium to WTI coz there are more users who source from the Middle East vs USA. And there is a lag. Deliveries loaded in Oct will make to price formula in November. The same happens when prices rise, there is a lag. Ultimately, more competition is needed plus liberalization [more players] with a better/expanded port infrastructure. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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If what is happening where I live is anything to go by,every mpesa agent will soon be an equitel agent. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 1/14/2014 Posts: 178
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I like the way foreigners have been exiting Member for the last two weeks or so. Wacha Equitel is launched across the country they will fall over each other running back. Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Member Joined: 4/15/2009 Posts: 371
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The way equitel will treat/handle the agents will determine its success. If the service will be very cheap, the commission to agents will consequently be low and may not make business sense to them.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Anybody talking about treating agents is lost,the agents are even now doing equity business without equitel,they are in fact doing several agency business and will continue doing so "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 12/11/2006 Posts: 884
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Equity wants to turn everybody into an agent. “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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ngapat wrote:Equity wants to turn everybody into an agent. That is what was communicated! So if I have cash, you Equi-pesa to me and I give it to you! And cheaper than M-Pesa. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Goldilocks Reloaded wrote:I like the way foreigners have been exiting Member for the last two weeks or so. Wacha Equitel is launched across the country they will fall over each other running back. they have reached their targets and must sell for locals to grab and enjoy a ride of course those coming back will be different foreigners. someone must sell for another to buy ; that's business now, ama unataka watu wakwamilie shares !!!! Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home
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So who has used the line for calls or in the peculiar Kenyan way, the SIM will only be good for money transfer. Clarity, call drops, data?
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Rank: Member Joined: 7/20/2011 Posts: 161 Location: nairobi
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holycow wrote:So who has used the line for calls or in the peculiar Kenyan way, the SIM will only be good for money transfer. Clarity, call drops, data? Using the line right now. Its just as clear as safcom. Data is okay. Call rates mirror Safaricom rates. I really like the mobile banking. I can check my account statement/balance pap! Patience. You cannot have a baby in one month by impregnating nine women....
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Rank: Member Joined: 8/19/2014 Posts: 125
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holycow wrote:So who has used the line for calls or in the peculiar Kenyan way, the SIM will only be good for money transfer. Clarity, call drops, data? I just use it to transfer money
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Rank: Member Joined: 7/20/2011 Posts: 161 Location: nairobi
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jwatesh wrote:holycow wrote:So who has used the line for calls or in the peculiar Kenyan way, the SIM will only be good for money transfer. Clarity, call drops, data? I just use it to transfer money which is basically what its meant for.... Patience. You cannot have a baby in one month by impregnating nine women....
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Safaricom has been spamming my inbox lately. Are they feeling the Equitel heat or it just the side effects of inheriting YU infrastructure? ?
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Rank: Member Joined: 9/12/2014 Posts: 120 Location: Nyali
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meme wrote:jwatesh wrote:holycow wrote:So who has used the line for calls or in the peculiar Kenyan way, the SIM will only be good for money transfer. Clarity, call drops, data? I just use it to transfer money which is basically what its meant for.... The network is quite clear.However charges to other networks is 4 bob but equitel to equitel is 2 bob.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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So far i think safcom was fearing a white elephant. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi
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mlennyma wrote:So far i think safcom was fearing a white elephant. Its interesting you have come around to this view. In the early pages of this thread I was sceptical. Alas I shall enjoy my last laugh  I said it before ..Equity (Technology dinosaur) + Airtel (Limping company that has outsourced their technology day-to-day management to couldn't-be-bothered IBM) = Bad odds. The good Doctor should have kept quiet about what he was cooking, now this might not even turn out to be the storm it was predicted, but a slow sizzle that will get bartered and relegated to a small, niche corner.
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Equity Bank unveils its MVNO strategy
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