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Equity Bank unveils its MVNO strategy
kollabo
#621 Posted : Tuesday, November 25, 2014 3:37:48 PM
Rank: Veteran


Joined: 2/3/2012
Posts: 1,317
quicksand wrote:
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 Laughing out loudly Laughing out loudly Laughing out loudly
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.


Equitel mobile money is a fantastic service. On quality and usability it beats Mpesa hands down.

The only problem is that Memba's send money to Mpesa at a higher fee since most people havent registered. This makes money for Mpesa.

There are also very few paybill and Lipa na Equitel outlets. If they can reach a good threshold for outlets & paybills, then Mpesa will start having sleepless nights.
McReggae
#622 Posted : Tuesday, November 25, 2014 4:17:51 PM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
kollabo wrote:
quicksand wrote:
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 Laughing out loudly Laughing out loudly Laughing out loudly
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.


Equitel mobile money is a fantastic service. On quality and usability it beats Mpesa hands down.

The only problem is that Memba's send money to Mpesa at a higher fee since most people havent registered. This makes money for Mpesa.

There are also very few paybill and Lipa na Equitel outlets. If they can reach a good threshold for outlets & paybills, then Mpesa will start having sleepless nights.


I have an equittel line that I think I will soon be disposing/keeping under the pillow, just can't feel them!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
shobiz
#623 Posted : Thursday, December 18, 2014 6:32:52 PM
Rank: Member


Joined: 3/5/2008
Posts: 34
Location: Nairobi
High Court blocks thin SIM technology roll-out

http://www.capitalfm.co....sim-technology-roll-out/
holycow
#624 Posted : Tuesday, January 06, 2015 9:29:50 AM
Rank: Veteran


Joined: 11/11/2006
Posts: 972
Location: Home
d'oh! This must have lost steam somewhere but the campaign "Lipa na Mpesa" might have been to counter it.
Kihara joni
#625 Posted : Tuesday, January 06, 2015 10:07:56 AM
Rank: Member


Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
I think Equity are also not keen to promote this project even on the normal sim.
streetwise
#626 Posted : Tuesday, January 06, 2015 10:26:00 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
These are some of the fads driven by the CEOs at times when they have a dream only to realise later it was just that.

Think of the many times you see CEOs in the news signing partnerships that end nowhere. Let me not mention any Companies for fear of being biased but I am sure the examples are numerous

May the marketing gurus can tell us what these announcement go to serve
quicksand
#627 Posted : Tuesday, January 06, 2015 11:18:20 AM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
streetwise wrote:
These are some of the fads driven by the CEOs at times when they have a dream only to realise later it was just that.

Think of the many times you see CEOs in the news signing partnerships that end nowhere. Let me not mention any Companies for fear of being biased but I am sure the examples are numerous

May the marketing gurus can tell us what these announcement go to serve

A case of underlings who are too afraid to tell Daktari "its impractical", "its technically impossible", "its not feasible"? I think so.
There are too many cases of senior leaders who will not hear NOs, and they lash out with volcanic fury at those saying it, dismissing them as stumbling blocks or negative or not seeing the big picture. Slick salesmen will sell you air, nothing is "impossible" to them and after you sign the dotted line, they move on to snare another unsuspecting businessman. The techies then crawl out of the woodwork and tell you a whole raft of things which are plain wishful thinking, but then its too late, you have paid and are tryinf to nurse a broken technology into a successful product.
Its important to listen to your own dull-sounding techies and evaluate their advice and not level them like an elephant to grass. They usually can see through polished salesmen's bullshit.
I will leave you now with this short, insightful and hilarious video:
http://m.youtube.com/watch?v=BKorP55Aqvg
quicksand
#628 Posted : Tuesday, January 06, 2015 11:21:47 AM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
repeated.
madollar
#629 Posted : Tuesday, January 06, 2015 12:13:57 PM
Rank: Veteran


Joined: 11/17/2009
Posts: 2,038
Location: GA
Kihara joni wrote:
I think Equity are also not keen to promote this project even on the normal sim.


Even the crowds are no more at the sim card registration counters.Highly unlikely they will kill it at the moment its just to wait and see what the next step will be
mlennyma
#630 Posted : Tuesday, January 06, 2015 12:17:41 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
I can now agree the creatures called kenyans have peculiar habits.they thrive under opression
"Don't let the fear of losing be greater than the excitement of winning."
streetwise
#631 Posted : Tuesday, January 06, 2015 12:42:07 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Agreed the utube video is self explanatory this is exactly the scenario
kollabo
#632 Posted : Tuesday, January 06, 2015 12:42:55 PM
Rank: Veteran


Joined: 2/3/2012
Posts: 1,317
Seriously disappointed. Over the holidays I couldn't buy fuel with Equitel, couldn't buy groceries with Equitel. Had to send cash to mpesa then pay via lipa na mpesa.

Very very sloppy.
quicksand
#633 Posted : Tuesday, January 06, 2015 12:55:39 PM
Rank: Veteran


Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
mlennyma wrote:
I can now agree the creatures called kenyans have peculiar habits.they thrive under opression

Kenyans love a bargain. They embraced Equity when the likes of Barclays were closing branches and insisting on 20K (or was 50K?) minimum balance, made the bank a roaring success.
There was genuine interest to take up the sim and thin sim. Equity has just very badly screwed this up, its not loyalty to the green giant that is to blame here.
Bright side: Some relief came to Mpesa customers.

A flip side: Other banks already felt threatened, Safaricom felt threatened. That would have removed stumbling blocks to collaboration just so as to counter Equity running away with everybody's lunch. A meaner, deeper, more integrated, harder to best Mpesa beast would have emerged. It would have been fascinating to watch.
murchr
#634 Posted : Tuesday, January 06, 2015 6:33:08 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
I thought we told you not to get overly excited.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
maka
#635 Posted : Thursday, January 29, 2015 8:10:21 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Quick one guys if I bought 4000 equity shares in 2004 how much are they worth now?
possunt quia posse videntur
Shak
#636 Posted : Thursday, January 29, 2015 8:31:16 PM
Rank: Elder


Joined: 2/22/2009
Posts: 2,449
Location: Africa
Go to the investor home page and click on latest prices. select equity and check out the stocks price changes over the last decade
The optimist
#637 Posted : Thursday, January 29, 2015 8:36:56 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
Shak wrote:
Go to the investor home page and click on latest prices. select equity and check out the stocks price changes over the last decade

The site will not help to know the actual value considering the splits, rights issues, bonus shares etc.
murchr
#638 Posted : Thursday, January 29, 2015 8:42:35 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
maka wrote:
Quick one guys if I bought 4000 equity shares in 2004 how much are they worth now?


CDSC or your broker should help. If not, Equity's registrars
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
maka
#639 Posted : Friday, January 30, 2015 8:07:47 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The optimist wrote:
Shak wrote:
Go to the investor home page and click on latest prices. select equity and check out the stocks price changes over the last decade

The site will not help to know the actual value considering the splits, rights issues, bonus shares etc.

Thats the biggest problem @Murchr its kinda complicated but let metry my luck with the registrars...so many things have happened in the last decade on that stock just wanted a rough estimate something I can work with....
possunt quia posse videntur
maka
#640 Posted : Friday, January 30, 2015 8:13:05 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The optimist wrote:
Shak wrote:
Go to the investor home page and click on latest prices. select equity and check out the stocks price changes over the last decade

The site will not help to know the actual value considering the splits, rights issues, bonus shares etc.

Thats the biggest problem @Murchr its kinda complicated but let metry my luck with the registrars...so many things have happened in the last decade on that stock just wanted a rough estimate something I can work with....
possunt quia posse videntur
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