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Equity Bank unveils its MVNO strategy
DtheK
#461 Posted : Wednesday, September 24, 2014 3:58:34 PM
Rank: Member


Joined: 2/15/2010
Posts: 145
Location: Kenya
Is the C.A really obligated to act as directed by the MPigs?
mlennyma
#462 Posted : Wednesday, September 24, 2014 4:12:01 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,187
Location: nairobi
Leave equity and its plans alone business is not politics and safaricoms dirty games will one day come to an end.
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#463 Posted : Wednesday, September 24, 2014 4:28:32 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,766
Location: NAIROBI
Safaricom iko na wenyewe.
If you rattle a snake be ready to be bitten
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#464 Posted : Wednesday, September 24, 2014 5:03:41 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,187
Location: nairobi
Equity has also dragged its feet because many months after getting the license even the normal sim card is not officially available, iam starting to doubt their execution plan they may end up being cry babies
"Don't let the fear of losing be greater than the excitement of winning."
Gadaffi
#465 Posted : Wednesday, September 24, 2014 5:22:24 PM
Rank: Member


Joined: 2/13/2011
Posts: 284
Location: Nairobi
holycow wrote:
Waiting for a Wazuan who has used the thin/overlay SIM.

its nt in th market, they only have th regular sim
Gadaffi
#466 Posted : Wednesday, September 24, 2014 5:24:39 PM
Rank: Member


Joined: 2/13/2011
Posts: 284
Location: Nairobi
mlennyma wrote:
Equity has also dragged its feet because many months after getting the license even the normal sim card is not officially available, iam starting to doubt their execution plan they may end up being cry babies

Not true. I already have th regular sim which has th prefix 0763. Just visit any of their branches
mlennyma
#467 Posted : Wednesday, September 24, 2014 5:31:20 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,187
Location: nairobi
Is that normal sim of yours able to send money anywhere at reduced rates? ? if no its useless
"Don't let the fear of losing be greater than the excitement of winning."
The optimist
#468 Posted : Wednesday, September 24, 2014 5:47:14 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
MaichBlack
#469 Posted : Wednesday, September 24, 2014 5:58:27 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,534
Angelica _ann wrote:
Impunity wrote:

Like seriously Sad Sad Sad

Mercenaries for hire!!! I wonder what their going rate is for this one.

How does separation of power work in this one? CBK & CAK are independent bodies! Can they work under the direction of Mpigs?? I believe they are expressely protected from external interference. No? Short of implementing new laws, I don't see how a group of Mpigs - a committee no less - can hold sway over independent bodies anchored in the constitution. They can come up with new laws - that's their job - but giving directives, that's over stepping!

Wait for tomorrow or Friday. Reversal pap! And in any case, CAK said there is no evidence of security breach and Safcom's allegations are therefore not valid. Doesn't that mean the are conviced of the security of the thin sim. Whatever happened to innocent till proven guilty? Sort of. The accuser should prove his case, not the accused!

If I try to stop my friend McDoba from building a house next to mine because I somehow imagine his son is a 'security threat' to my daughter, will he be stopped until he can prove his son is nice church going youth leader or I am the one to prove my allegations?

The level of reasoning by our so called leaders as compared to the countries we want to emulate economically is a joke. I have never heard an intellectual debate especially oriented towards business, the economy, governance, education, healthcare, security etc. in our parliament. All of them discuss rubbish that is inactionable! Or pass laws that are idiotic at best.

I wish we could somehow do without elected characters. We just have a meritocratic hiring system and we fill all the positions with employees. Real employees. Not this clowns we give jobs and they think they are owner-directors of the company (Kenya)!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Njung'e
#470 Posted : Wednesday, September 24, 2014 6:09:06 PM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Watching silently since early 2012....Hopefully,i will be two times lucky1
Nothing great was ever achieved without enthusiasm.
innovator
#471 Posted : Wednesday, September 24, 2014 6:22:09 PM
Rank: Member


Joined: 7/24/2010
Posts: 237
Location: nairobi


There is a reason for safaricom to tremble.
innovator
#472 Posted : Wednesday, September 24, 2014 6:25:03 PM
Rank: Member


Joined: 7/24/2010
Posts: 237
Location: nairobi
Good things don't come easy.
MaichBlack
#473 Posted : Wednesday, September 24, 2014 6:39:31 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,534
Njung'e wrote:
Watching silently since early 2012....Hopefully,i will be two times lucky1

Fafanua @guka!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
newfarer
#474 Posted : Wednesday, September 24, 2014 6:57:16 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
DtheK wrote:
Is the C.A really obligated to act as directed by the MPigs?

thick shortsighted beings.
punda amecheka
jerry
#475 Posted : Wednesday, September 24, 2014 7:11:59 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
mlennyma wrote:
Is that normal sim of yours able to send money anywhere at reduced rates? ? if no its useless

So the SIM doesn't have to be thin? I don't get the whole business of virtualness! What restrictions/weakness(es) make the virtual licence different from what Safaricon licence offers?
The opposite of courage is not cowardice, it's conformity.
mlennyma
#476 Posted : Wednesday, September 24, 2014 7:45:56 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,187
Location: nairobi
I think the only difference is that the virtuals are offering teleco services without their own infrustructure
"Don't let the fear of losing be greater than the excitement of winning."
innovator
#477 Posted : Wednesday, September 24, 2014 8:03:18 PM
Rank: Member


Joined: 7/24/2010
Posts: 237
Location: nairobi
If they roll the regular sim the drive and impact of the the thin sim will be diluted.
The thin sim is a killer to safaricom mpesa because once you put and compare you will wonder why they have been stealing from you all that long.
Kihara joni
#478 Posted : Wednesday, September 24, 2014 8:14:35 PM
Rank: Member


Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
Okay really what will not be stopped in this kenya NKT yani I thought CA was independent, also the laptop tender has been cancelled by the courts, good luck doing anything in kenya
mlennyma
#479 Posted : Wednesday, September 24, 2014 10:11:02 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,187
Location: nairobi
By Charles Kimani: I think the thin sim strategy is brilliant...in theory.

However, I am also wondering just how wise it is to place the success of your business model at the mercy of a hostile, powerful and uncooperative business rival.

What if - 6 months after launch, for example - Safaricom decide to upgrade all their sim cards (genuinely or otherwise) just when Equity is in the middle of a critical (probably expensive) product rollout?

What if Safaricom customer service and dealer/retail channels start advising subscribers who are having issues with their lines that the thin sim is the cause of their problems and show them how to remove it?

How will Equity map their processes and logistics with the Safaricom SIM replacement processes? Will Equity subscribers need to remember to make an extra stop at an Equity outlet to have their thin sim re-attached once they do a sim swap? How easy is it to attach these thin sims?

We have previously seen smart sabotage tactics bring down SAB Miller ambitions in the Kenyan market. Equity - in my opinion - is giving too much firepower to a determined competitor. It might be cheaper in the long run to just invest in own SIM and take Safaricom head-on.

What John Walubengo thinks:

Interesting views. I don't speak for Equity - and am not even a MEMBER (their customer). However, they have the following going for them.

1) they do have their OWN SIM card targeting their 8M banking customers. They can actually make money out their core group of customers using their mobile virtual network (riding on Airtel telco infrastructure i believe).

2) the thin-SIM technology is just a nice option for their 8M customers and the 20+million Safaricom customers.

3) indeed Safaricom can play dirty but I am sure they wont because (a) they can take on Equity challenge and (b) the regulator seems more ready than ever to pounce on them (recall regulator has been "looking" for them over quality issues

Remember, this looks like a mobile money battle, but the real deal is the collateral damage it is likely to cause in the voice market because once a Safaricom customer mounts the thin SIM Card and discovers that they can make cheaper calls/sms with it without losing their MPESA functionality...they will actually be having their cake (MPESA) while eating it (making Cheaper calls on the Equity Mobile virtual network).

Essentially, Equity is breaking a small gap into the Safaricom defensive wall (MPESA) and once in, even the data-market may eventually be free for all i.e. #checkmate.
"Don't let the fear of losing be greater than the excitement of winning."
jerry
#480 Posted : Wednesday, September 24, 2014 10:33:47 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
mlennyma wrote:
I think the only difference is that the virtuals are offering teleco services without their own infrustructure

Thanks.
The opposite of courage is not cowardice, it's conformity.
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