@guru, i dont think so, once they lower someone will start complaining about monopoly before closing shop, it will be a true monopoly and the rest you know, volumes will do the work due to large numbers to generate revenue, not as high but good enough for profitability.

@Mnandii, Yes am confident of safaricom, they will reduce the interconnect price as required by CCK thats a new rule they have to. I know safaricom thinkers are working on something and once its ready it will make Bharti feel the heat and just concentrate on other parts of africa, thats what happened to celtel and zain. Unlike India and even Africa Kenya is a different market and its not approached from the basis that a company is successful in thier country and think they will win here, i remind you of the brewer from SA enormous company with lots of money and investments and world class quality products. People changed to thier products (two beers for a price of one)the rest you know... someone closed shop

@youcan't i haven't yet exited but plan to do so come monday... Good thing i bought at 2.8

4 those thimking bharti will fail. Bharti is targeting the 5 bob economy. Show me a co. That has targeted this mass market tactifully and failed . Hakuna.hakuna yoyote .

@qw isn't safcom the master of the 5/- bob economy, heck they even have a 5 bob scratch card. Zain tactics are wanting why cut prices while their scratch cards are not available. Simply not enough outlets stock them.safcom scratchcards you find at kiosks, butcheries, mamambogas etc. Ati their sim cards ran out when executing their killer move ha ha ha ha.

@VVS--Zain african HQ was in Kenya, for the moment a few of their african operations team has been seating at the zain offices and some offices around upperhill

Zain were to launch 3g by july,what happened?The voice market has overheated but SAf are way ahead in data provision.By the time they find out data is the place to be,Saf will still be leading with 4g and wimax...they will always be playing catch up.

@jamani my point exactly. They don't seem to have put much thought and planning, just spur of the moment action. Why not recruit more dealers, make more simcards and scratchcards first. Btw there is a full page advert in the nation reading "masaa ya kubamba yanakuja" in a green font.

Unless they lower the rates to as much as yu or Zain, or reduce their data costs drastically, they will not have ''bambad'' anyone. Since 70% of Safaricom's revenue comes from voice, if they go that low, the likes of 2012 can then buy the share at 3.50/=

Zain's issue with the data is not the cost, it is the speed. They have to move fast and roll out the 3G