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Equity Bank Ltd Q3 2014 results
jwatesh
#11 Posted : Thursday, October 30, 2014 5:49:06 PM
Rank: Member

Joined: 8/19/2014
Posts: 125
Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas
mv_ufanisi
#12 Posted : Thursday, October 30, 2014 6:27:01 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
jwatesh wrote:
Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas


SCOM is up against the best of them. This is definitely no clueless Yu and Airtel CEOs. Back to drawing board.
Mangs
#13 Posted : Thursday, October 30, 2014 7:30:50 PM
Rank: New-farer

Joined: 9/12/2014
Posts: 31
Safaricom certainly still have their dirty tricks up the sleeve; they may have sent "new customers" to buy the EQT thin sims and make it look like the customer base is amazing only for these "new customers" to disappear after the roll-out. Airtel & Yu both learnt this the hard way. Getting a pie from the incumbent is always a tall order but let's grab our popcorn jars, sit on the couch and enjoy the fight.
edwinmukiri
#14 Posted : Thursday, October 30, 2014 7:48:58 PM
Rank: New-farer

Joined: 8/11/2014
Posts: 72
Location: Nairobi
I have an insider who told me that the moment you put the slim-sim on your SCOM line the m-pesa menu disappears. How many Kenyans will want to do that?
Bulls make money,bears make money and pigs get slaughtered.
jwatesh
#15 Posted : Thursday, October 30, 2014 8:19:33 PM
Rank: Member

Joined: 8/19/2014
Posts: 125
edwinmukiri wrote:
I have an insider who told me that the moment you put the slim-sim on your SCOM line the m-pesa menu disappears. How many Kenyans will want to do that?

I still wonder how it works coz they say only one simcard is active at a single moment
georgegop
#16 Posted : Thursday, October 30, 2014 9:51:21 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
Equity Bank nine-month pretax profit jumps 25 pct
Don't Work for Money, Let Money Work for You..
Wakanyugi
#17 Posted : Friday, October 31, 2014 2:17:15 AM
Rank: Veteran

Joined: 7/3/2007
Posts: 1,635
jwatesh wrote:
Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas


Ouch!

That's got to hurt on Waiyaki way.
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
mlennyma
#18 Posted : Friday, October 31, 2014 6:52:30 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Core business is doing well lets wait and see whether the additional revenue stream is a blessing or curse.by mid next year we will have a clear direction.
"Don't let the fear of losing be greater than the excitement of winning."
maka
#19 Posted : Friday, October 31, 2014 7:10:18 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Wakanyugi wrote:
jwatesh wrote:
Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas


Ouch!

That's got to hurt on Waiyaki way.


It hurt this way...
http://www.businessdaily...0/-/ybnirvz/-/index.html
possunt quia posse videntur
lochaz-index
#20 Posted : Friday, October 31, 2014 7:49:04 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Mangs wrote:
Safaricom certainly still have their dirty tricks up the sleeve; they may have sent "new customers" to buy the EQT thin sims and make it look like the customer base is amazing only for these "new customers" to disappear after the roll-out. Airtel & Yu both learnt this the hard way. Getting a pie from the incumbent is always a tall order but let's grab our popcorn jars, sit on the couch and enjoy the fight.



Imho I don't think that would be smart play from the guys at safcom. It might bite them hard especially if equity's service is without any hitches. Free marketing it could be called.
The main purpose of the stock market is to make fools of as many people as possible.
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