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Future of Safaricom - break up due to dominance!
Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:Ericsson wrote:Airtel has no LTE yet.
Hao bado wako 3G GoK (CAK) didn't give the LTE bandwidth to anyone else except Safaricom. Airtel had to sue GoK/CAK to demand a share of the LTE bandwidth. Safaricom is a sacred cow. Dont believe the lies Airtel is spreading around. Airtel REFUSED to pay the licenses for the spectrum. I don't trust GoK & its institutions. Did Safaricom pay for the 4G/LTE spectrum it is running a trial on? I recall the drama between the Ministry of Energy & KenolKobil. MoE [via KPC, KPC and KPRL] were favoring certain briefcase importers in the allocation of ullage. It was only after a severe/major shortage that the OMCs had a say in the management of ullage. Do you seriously think the GOK would say this in public to the Airtel crew including Merali and they just take it casually?Merali is not a significant shareholder in Airtel anymore. *Start Sarcasm Font* You are right, GoK officials never lie or lied to us. GoK official never steal, don't ask for kickbacks. Their policies are for the best for the country. They never scam us. GoK controlled/influenced firms make above market profits thanks to their solid management and not monopolies or favors. Folks claiming Mobitelea belonged to GoK connected folks were just jealous of some smart entrepreneurs. *End Sarcasm Font*Yes i notice you dont trust Kenyans not only GOK alone anyway let me not digressPlease digress.Business Daily Dec 4 2014 wrote:Safaricom is betting big on the home internet market segment with the launch of an advanced fourth generation (4G) long term evolution technology to drive its data services.
However, he added that the firm paid $75 million (Sh6.8 billion) to the Communications Authority of Kenya (CA), for more frequency spectrum to enable it deploy new sites to cover 15 towns and, eventually, across the country.
“We have already paid $75 million to the regulator to acquire frequency in the 800 megahertz band, which they are yet to allocate us,” Mr Collymore added.
“We are expecting to be allocated the 2 x 15MHz (frequencies), which is the capacity currently available now. Thereafter we will get another set." Nation June 12 2014 wrote:Mobile phone service firm, Safaricom will pay Sh6.45 billion to have its application for a new spectrum approved.
According to the Communications Authority of Kenya director-general, Mr Francis Wangusi, this is only a tentative price and when the final price for the 4G spectrum is determined, the telecommunication firm will be required to pay the difference if it is more than the Sh6.45 billion ($75 million). Airtel wants the spectrum for freeThat's what CS, ICT & CAK's Wangusi said. What's the other side saying?*Start Sarcastic Font* GoK officials would never lie. They are as clean as the driven snow. Pope Francis asked when he can canonize them as an example to others. http://www.businessdaily...4/-/ylqi1n/-/index.html *End Sarcastic Font*Business Daily Sep 2 2015 wrote:Airtel Kenya has demanded a share of the 4G broadband spectrum allocated to Safaricom by the Communications Authority of Kenya (CA), arguing that it is unfair for the regulator to allow the dominant telecommunications operator to launch the high-speed Internet service ahead of its competitors.
The CA, in a gazette notice published on August 19, has said that it intends to issue Safaricom with a licence to operate on the 800HZ frequency, the technical definition for the high-speed (4G) Internet spectrum.
The licence could enable Safaricom to offer high-speed Internet to its customers, as well as broadband-based TV broadcasts.
The CA has said that any objection to the intended move should be filed at its headquarters within 30 days from the date of publication of the notice.
Airtel Kenya CEO Adil El Youssefi said in an interview Wednesday that his company did not agree with the process that was followed in allocating what it termed as the best 4G spectrum to Safaricom, arguing it would entrench the company’s dominant position in the telecommunications sector. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:Ericsson wrote:Airtel has no LTE yet.
Hao bado wako 3G GoK (CAK) didn't give the LTE bandwidth to anyone else except Safaricom. Airtel had to sue GoK/CAK to demand a share of the LTE bandwidth. Safaricom is a sacred cow. Dont believe the lies Airtel is spreading around. Airtel REFUSED to pay the licenses for the spectrum. I don't trust GoK & its institutions. Did Safaricom pay for the 4G/LTE spectrum it is running a trial on? I recall the drama between the Ministry of Energy & KenolKobil. MoE [via KPC, KPC and KPRL] were favoring certain briefcase importers in the allocation of ullage. It was only after a severe/major shortage that the OMCs had a say in the management of ullage. Do you seriously think the GOK would say this in public to the Airtel crew including Merali and they just take it casually?Merali is not a significant shareholder in Airtel anymore. *Start Sarcasm Font* You are right, GoK officials never lie or lied to us. GoK official never steal, don't ask for kickbacks. Their policies are for the best for the country. They never scam us. GoK controlled/influenced firms make above market profits thanks to their solid management and not monopolies or favors. Folks claiming Mobitelea belonged to GoK connected folks were just jealous of some smart entrepreneurs. *End Sarcasm Font*Yes i notice you dont trust Kenyans not only GOK alone anyway let me not digressPlease digress.Business Daily Dec 4 2014 wrote:Safaricom is betting big on the home internet market segment with the launch of an advanced fourth generation (4G) long term evolution technology to drive its data services.
However, he added that the firm paid $75 million (Sh6.8 billion) to the Communications Authority of Kenya (CA), for more frequency spectrum to enable it deploy new sites to cover 15 towns and, eventually, across the country.
“We have already paid $75 million to the regulator to acquire frequency in the 800 megahertz band, which they are yet to allocate us,” Mr Collymore added.
“We are expecting to be allocated the 2 x 15MHz (frequencies), which is the capacity currently available now. Thereafter we will get another set." Nation June 12 2014 wrote:Mobile phone service firm, Safaricom will pay Sh6.45 billion to have its application for a new spectrum approved.
According to the Communications Authority of Kenya director-general, Mr Francis Wangusi, this is only a tentative price and when the final price for the 4G spectrum is determined, the telecommunication firm will be required to pay the difference if it is more than the Sh6.45 billion ($75 million). Airtel wants the spectrum for freeThat's what CS, ICT & CAK's Wangusi said. What's the other side saying?*Start Sarcastic Font* GoK officials would never lie. They are as clean as the driven snow. Pope Francis asked when he can canonize them as an example to others. http://www.businessdaily...4/-/ylqi1n/-/index.html *End Sarcastic Font*Business Daily Sep 2 2015 wrote:Airtel Kenya has demanded a share of the 4G broadband spectrum allocated to Safaricom by the Communications Authority of Kenya (CA), arguing that it is unfair for the regulator to allow the dominant telecommunications operator to launch the high-speed Internet service ahead of its competitors.
The CA, in a gazette notice published on August 19, has said that it intends to issue Safaricom with a licence to operate on the 800HZ frequency, the technical definition for the high-speed (4G) Internet spectrum.
The licence could enable Safaricom to offer high-speed Internet to its customers, as well as broadband-based TV broadcasts.
The CA has said that any objection to the intended move should be filed at its headquarters within 30 days from the date of publication of the notice.
Airtel Kenya CEO Adil El Youssefi said in an interview Wednesday that his company did not agree with the process that was followed in allocating what it termed as the best 4G spectrum to Safaricom, arguing it would entrench the company’s dominant position in the telecommunications sector. Ok. You win! Cant argue with that. Merali is not a significant shareholder in Airtel Kenya and GOK lied Safaricom did not pay for spectrum fees they got it for free. Satisfied. Back to the topic, the future of Safcom "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
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:Ericsson wrote:Airtel has no LTE yet.
Hao bado wako 3G GoK (CAK) didn't give the LTE bandwidth to anyone else except Safaricom. Airtel had to sue GoK/CAK to demand a share of the LTE bandwidth. Safaricom is a sacred cow. Dont believe the lies Airtel is spreading around. Airtel REFUSED to pay the licenses for the spectrum. I don't trust GoK & its institutions. Did Safaricom pay for the 4G/LTE spectrum it is running a trial on? I recall the drama between the Ministry of Energy & KenolKobil. MoE [via KPC, KPC and KPRL] were favoring certain briefcase importers in the allocation of ullage. It was only after a severe/major shortage that the OMCs had a say in the management of ullage. Do you seriously think the GOK would say this in public to the Airtel crew including Merali and they just take it casually?Merali is not a significant shareholder in Airtel anymore. *Start Sarcasm Font* You are right, GoK officials never lie or lied to us. GoK official never steal, don't ask for kickbacks. Their policies are for the best for the country. They never scam us. GoK controlled/influenced firms make above market profits thanks to their solid management and not monopolies or favors. Folks claiming Mobitelea belonged to GoK connected folks were just jealous of some smart entrepreneurs. *End Sarcasm Font*Yes i notice you dont trust Kenyans not only GOK alone anyway let me not digressPlease digress.Business Daily Dec 4 2014 wrote:Safaricom is betting big on the home internet market segment with the launch of an advanced fourth generation (4G) long term evolution technology to drive its data services.
However, he added that the firm paid $75 million (Sh6.8 billion) to the Communications Authority of Kenya (CA), for more frequency spectrum to enable it deploy new sites to cover 15 towns and, eventually, across the country.
“We have already paid $75 million to the regulator to acquire frequency in the 800 megahertz band, which they are yet to allocate us,” Mr Collymore added.
“We are expecting to be allocated the 2 x 15MHz (frequencies), which is the capacity currently available now. Thereafter we will get another set." Nation June 12 2014 wrote:Mobile phone service firm, Safaricom will pay Sh6.45 billion to have its application for a new spectrum approved.
According to the Communications Authority of Kenya director-general, Mr Francis Wangusi, this is only a tentative price and when the final price for the 4G spectrum is determined, the telecommunication firm will be required to pay the difference if it is more than the Sh6.45 billion ($75 million). Airtel wants the spectrum for freeThat's what CS, ICT & CAK's Wangusi said. What's the other side saying?*Start Sarcastic Font* GoK officials would never lie. They are as clean as the driven snow. Pope Francis asked when he can canonize them as an example to others. http://www.businessdaily...4/-/ylqi1n/-/index.html *End Sarcastic Font*Business Daily Sep 2 2015 wrote:Airtel Kenya has demanded a share of the 4G broadband spectrum allocated to Safaricom by the Communications Authority of Kenya (CA), arguing that it is unfair for the regulator to allow the dominant telecommunications operator to launch the high-speed Internet service ahead of its competitors.
The CA, in a gazette notice published on August 19, has said that it intends to issue Safaricom with a licence to operate on the 800HZ frequency, the technical definition for the high-speed (4G) Internet spectrum.
The licence could enable Safaricom to offer high-speed Internet to its customers, as well as broadband-based TV broadcasts.
The CA has said that any objection to the intended move should be filed at its headquarters within 30 days from the date of publication of the notice.
Airtel Kenya CEO Adil El Youssefi said in an interview Wednesday that his company did not agree with the process that was followed in allocating what it termed as the best 4G spectrum to Safaricom, arguing it would entrench the company’s dominant position in the telecommunications sector. Ok. You win! Cant argue with that. Merali is not a significant shareholder in Airtel Kenya and GOK lied Safaricom did not pay for spectrum fees they got it for free. Satisfied. Trying to be smart?   
@murchr said "GOK would say this in public to the Airtel crew including Merali" http://www.businessdaily.../-/5e87yvz/-/index.html
“On February 24, 2011, the Group acquired five per cent of the voting shares of Airtel Networks Kenya Limited increasing its ownership to 100 per cent,” reads the Bharti Airtel annual report for 2011/2012 seen by the Business Daily this week.
And when did I say that GoK lied and "GOK lied Safaricom did not pay for spectrum fees they got it for free."???
I
*I simply asked if Safaricom had paid the fee for LTE. They were allocated or given use of the LTE spectrum while rolling out the police CCTVs & communications*
What Airtel said was that the 800 MHz spectrum allocation was done just to Safaricom & they were offered the less powerful 1800 MHz spectrum. "The 800 MHz band enables an operator to roll out 4G services in a less costly manner because it provides good network coverage with fewer radio infrastructure (radio base stations ) than the 1800 MHz." "Our position is that the only LTE 800 MHz spectrum available in Kenya should be subjected to sharing with other operators and the commercials for sharing should be regulated before the dominant player can use the spectrum commercially because Safaricom will have monopoly as regards the 4G spectrum on the 800 MHz band."
http://www.businessdaily.../-/3vp21uz/-/index.html
Back to the topic, the future of Safcom PLEASE DIGRESS. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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muganda wrote:VituVingiSana wrote:Ericsson wrote:Airtel has no LTE yet.
Hao bado wako 3G GoK (CAK) didn't give the LTE bandwidth to anyone else except Safaricom. Airtel had to sue GoK/CAK to demand a share of the LTE bandwidth. Safaricom is a sacred cow. On this one, the hard truth is Airtel will always whine, the way an 'impoverished', 'disadvantaged', 'poverty-striken' one whines. Bandwidth and licenses are bought by entities and utilized to generate positive return on capital - alas in their case: no money to buy, no return when given. Airtel would swagger proudly on KE telecom space if they made money. Airtel are just a bunch of jokers!!! There reasoning business wise is beneath even a village trader!!! This is not the first time they are DEMANDING things for free or at a lower price that others have already paid for!!! Safcom paid 6 Billion plus and they want "a share of the spectrum" for free!! A year of two paid I think 4 billion or something to renew their licence and when it got to Airtel's turn they DEMANDED to pay half! And they made it an issue all over! They want Safcom broken up so that the MPesa platform becomes independent be used by any provider. Total idiocy and lunacy!!! Safcom invested in the technology, took all the risks, marketed it and made sure MPesa services are available in every corner of every village in Kenya (Going outside the borders now), they continue innovating and improving the product and marketing it etc. and the an bunch of idiots just waltz in and say "You know what? Given how successful this product is, it should be availed to everyone BY FORCE and FOR FREE!!!". It's like me securing the best band to be playing in my pub and of course quite a good number of my clients frequent the pub primarily to listen to the band and then the neighbouring bar owner(s) demand that the band should be made to play in the corridor outside the bars so that patrons are free to choose the bar they want and still listen to the same band! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 8/15/2015 Posts: 817
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airtel is right to whine all they want . safaricom with his dominance got the 4G signal but has done absolutely nothing with it.let cak reduce 4G spectrum cost for newcomers who will be innovative with the spectrum and not just hoard it .safaricom should even be punished for hoarding the spectrum
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Wangusi and CA are to blame. The way they wanted to implement these dominant player manenos was totally retrogressive! You cannot punish success in a free market. You cannot clip a company's wings just because it has captured 50% of the market!!! What we should guard against is ABUSE OF DOMINANCE. And the burden of proof is on the regulator. And that rate, we should be breaking up/restricting EABL, BAT, BIDCO etc. Their reasoning was totally flawed and deviced to target Safcom not regulate the industry!!! Let the responsibility go to Competition Authority of Kenya because Wangusi and CA don't seem to understand anything to do with fair competition and making the ground LEVEL - both the big and small players. And in any case, that is the mandate of CAK!!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Cornelius Vanderbilt wrote:airtel is right to whine all they want . safaricom with his dominance got the 4G signal but has done absolutely nothing with it.let cak reduce 4G spectrum cost for newcomers who will be innovative with the spectrum and not just hoard it .safaricom should even be punished for hoarding the spectrum What kind of reasoning is this??? No one is hoarding anything. Let Airtel pay and get the spectrum. Hiyo tu. 6.x Billion na wakuwe tayari kuongeza - Just like Safaricom!!! In other markets - including India - do they get spectrum for free?? Wasituletee!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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MaichBlack wrote:Wangusi and CA are to blame. The way they wanted to implement these dominant player manenos was totally retrogressive! You cannot punish success in a free market. You cannot clip a company's wings just because it has captured 50% of the market!!! What we should guard against is ABUSE OF DOMINANCE. And the burden of proof is on the regulator. And that rate, we should be breaking up/restricting EABL, BAT, BIDCO etc. Their reasoning was totally flawed and deviced to target Safcom not regulate the industry!!! Let the responsibility go to Competition Authority of Kenya because Wangusi and CA don't seem to understand anything to do with fair competition and making the ground LEVEL - both the big and small players. And in any case, that is the mandate of CAK!!!! I agree @Maichblack on all 3 counts: Airtel's whining, Wangusi & CA failure to make the ground level, and costing of 4G (whether you hoard or otherwise). The concerning issue will remain the inability of government to understand how to develop sectors vs one company. The BAT issue (plus even Mastermind not paying tax) is evidence of this. Same issue happened with EABL (Castle shenanigans, Keroche licenses).
You cannot change a country only extorting one key player who's motivated to naturally dominate a sector, with the outcome being entire Industries are stunted. They need a 21st century wakeup call!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:Ericsson wrote:Airtel has no LTE yet.
Hao bado wako 3G GoK (CAK) didn't give the LTE bandwidth to anyone else except Safaricom. Airtel had to sue GoK/CAK to demand a share of the LTE bandwidth. Safaricom is a sacred cow. Dont believe the lies Airtel is spreading around. Airtel REFUSED to pay the licenses for the spectrum. I don't trust GoK & its institutions. Did Safaricom pay for the 4G/LTE spectrum it is running a trial on? I recall the drama between the Ministry of Energy & KenolKobil. MoE [via KPC, KPC and KPRL] were favoring certain briefcase importers in the allocation of ullage. It was only after a severe/major shortage that the OMCs had a say in the management of ullage. Do you seriously think the GOK would say this in public to the Airtel crew including Merali and they just take it casually?Merali is not a significant shareholder in Airtel anymore. *Start Sarcasm Font* You are right, GoK officials never lie or lied to us. GoK official never steal, don't ask for kickbacks. Their policies are for the best for the country. They never scam us. GoK controlled/influenced firms make above market profits thanks to their solid management and not monopolies or favors. Folks claiming Mobitelea belonged to GoK connected folks were just jealous of some smart entrepreneurs. *End Sarcasm Font*Yes i notice you dont trust Kenyans not only GOK alone anyway let me not digressPlease digress.Business Daily Dec 4 2014 wrote:Safaricom is betting big on the home internet market segment with the launch of an advanced fourth generation (4G) long term evolution technology to drive its data services.
However, he added that the firm paid $75 million (Sh6.8 billion) to the Communications Authority of Kenya (CA), for more frequency spectrum to enable it deploy new sites to cover 15 towns and, eventually, across the country.
“We have already paid $75 million to the regulator to acquire frequency in the 800 megahertz band, which they are yet to allocate us,” Mr Collymore added.
“We are expecting to be allocated the 2 x 15MHz (frequencies), which is the capacity currently available now. Thereafter we will get another set." Nation June 12 2014 wrote:Mobile phone service firm, Safaricom will pay Sh6.45 billion to have its application for a new spectrum approved.
According to the Communications Authority of Kenya director-general, Mr Francis Wangusi, this is only a tentative price and when the final price for the 4G spectrum is determined, the telecommunication firm will be required to pay the difference if it is more than the Sh6.45 billion ($75 million). Airtel wants the spectrum for freeThat's what CS, ICT & CAK's Wangusi said. What's the other side saying?*Start Sarcastic Font* GoK officials would never lie. They are as clean as the driven snow. Pope Francis asked when he can canonize them as an example to others. http://www.businessdaily...4/-/ylqi1n/-/index.html *End Sarcastic Font*Business Daily Sep 2 2015 wrote:Airtel Kenya has demanded a share of the 4G broadband spectrum allocated to Safaricom by the Communications Authority of Kenya (CA), arguing that it is unfair for the regulator to allow the dominant telecommunications operator to launch the high-speed Internet service ahead of its competitors.
The CA, in a gazette notice published on August 19, has said that it intends to issue Safaricom with a licence to operate on the 800HZ frequency, the technical definition for the high-speed (4G) Internet spectrum.
The licence could enable Safaricom to offer high-speed Internet to its customers, as well as broadband-based TV broadcasts.
The CA has said that any objection to the intended move should be filed at its headquarters within 30 days from the date of publication of the notice.
Airtel Kenya CEO Adil El Youssefi said in an interview Wednesday that his company did not agree with the process that was followed in allocating what it termed as the best 4G spectrum to Safaricom, arguing it would entrench the company’s dominant position in the telecommunications sector. Ok. You win! Cant argue with that. Merali is not a significant shareholder in Airtel Kenya and GOK lied Safaricom did not pay for spectrum fees they got it for free. Satisfied. Trying to be smart?
@murchr said "GOK would say this in public to the Airtel crew including Merali" http://www.businessdaily.../-/5e87yvz/-/index.html
“On February 24, 2011, the Group acquired five per cent of the voting shares of Airtel Networks Kenya Limited increasing its ownership to 100 per cent,” reads the Bharti Airtel annual report for 2011/2012 seen by the Business Daily this week.
And when did I say that GoK lied and "GOK lied Safaricom did not pay for spectrum fees they got it for free."???
I
*I simply asked if Safaricom had paid the fee for LTE. They were allocated or given use of the LTE spectrum while rolling out the police CCTVs & communications*
What Airtel said was that the 800 MHz spectrum allocation was done just to Safaricom & they were offered the less powerful 1800 MHz spectrum. "The 800 MHz band enables an operator to roll out 4G services in a less costly manner because it provides good network coverage with fewer radio infrastructure (radio base stations ) than the 1800 MHz." "Our position is that the only LTE 800 MHz spectrum available in Kenya should be subjected to sharing with other operators and the commercials for sharing should be regulated before the dominant player can use the spectrum commercially because Safaricom will have monopoly as regards the 4G spectrum on the 800 MHz band."
http://www.businessdaily.../-/3vp21uz/-/index.html
Back to the topic, the future of Safcom PLEASE DIGRESS. LTE
nouna 4G mobile communications standard.
"users of the LTE network should see data speeds that are up to 10 times faster than the current 3G network""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
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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@murchr - Please digress. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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muganda wrote:MaichBlack wrote:Wangusi and CA are to blame. The way they wanted to implement these dominant player manenos was totally retrogressive! You cannot punish success in a free market. You cannot clip a company's wings just because it has captured 50% of the market!!! What we should guard against is ABUSE OF DOMINANCE. And the burden of proof is on the regulator. And that rate, we should be breaking up/restricting EABL, BAT, BIDCO etc. Their reasoning was totally flawed and deviced to target Safcom not regulate the industry!!! Let the responsibility go to Competition Authority of Kenya because Wangusi and CA don't seem to understand anything to do with fair competition and making the ground LEVEL - both the big and small players. And in any case, that is the mandate of CAK!!!! I agree @Maichblack on all 3 counts: Airtel's whining, Wangusi & CA failure to make the ground level, and costing of 4G (whether you hoard or otherwise). The concerning issue will remain the inability of government to understand how to develop sectors vs one company. The BAT issue (plus even Mastermind not paying tax) is evidence of this. Same issue happened with EABL (Castle shenanigans, Keroche licenses).
You cannot change a country only extorting one key player who's motivated to naturally dominate a sector, with the outcome being entire Industries are stunted. They need a 21st century wakeup call! Agreed @muganda, these tactics of either punishing the one doing so well or bending the rules for the "homegrown" "beginner" "new kid on the block" are so 1900s "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
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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murchr wrote:muganda wrote:MaichBlack wrote:Wangusi and CA are to blame. The way they wanted to implement these dominant player manenos was totally retrogressive! You cannot punish success in a free market. You cannot clip a company's wings just because it has captured 50% of the market!!! What we should guard against is ABUSE OF DOMINANCE. And the burden of proof is on the regulator. And that rate, we should be breaking up/restricting EABL, BAT, BIDCO etc. Their reasoning was totally flawed and deviced to target Safcom not regulate the industry!!! Let the responsibility go to Competition Authority of Kenya because Wangusi and CA don't seem to understand anything to do with fair competition and making the ground LEVEL - both the big and small players. And in any case, that is the mandate of CAK!!!! I agree @Maichblack on all 3 counts: Airtel's whining, Wangusi & CA failure to make the ground level, and costing of 4G (whether you hoard or otherwise). The concerning issue will remain the inability of government to understand how to develop sectors vs one company. The BAT issue (plus even Mastermind not paying tax) is evidence of this. Same issue happened with EABL (Castle shenanigans, Keroche licenses).
You cannot change a country only extorting one key player who's motivated to naturally dominate a sector, with the outcome being entire Industries are stunted. They need a 21st century wakeup call! Agreed @muganda, these tactics of either punishing the one doing so well or bending the rules for the "homegrown" "beginner" "new kid on the block" are so 1900s Agreed @murchr. We have to come to the realisation that neither Diageo/EABL, BAT, Vodafone/Safaricom are magnanimous. Nor are Keroche, Mastermind, Airtel saints. History shows Kenya government sacrifices growth of the country often fawning over the former, and in fewer times coddling up the latter. For a benchmark, see how Europe is investigating Volkswagen; or perhaps US grand fines against the big banks for irregular foreclosures, then US FCC push on net neutrality against its telecom leaders.
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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Profit taking on safaricom counter starts tomorrow. Share price imefika resistance level and the only way is down Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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@murchr - Please do not forget to digress. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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VituVingiSana wrote:@murchr - Please do not forget to digress. Missing someone to spar with (now that Obiero is still recovering from holidays)? Be patient, some of us will join @murchr in a while.
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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iris wrote:VituVingiSana wrote:@murchr - Please do not forget to digress. Missing someone to spar with (now that Obiero is still recovering from holidays)? Be patient, some of us will join @murchr in a while. Haraka! I get busy from the 11th. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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Airtel is run like a kiosk and so unprofessional;they won't be able to match up with the professionalism that is at Safaricom and Hellios if they decide to bring their own management. I see them slipping to number 3 being overtaken by Hellios Telkom Kenya. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Ericsson wrote:Airtel is run like a kiosk and so unprofessional;they won't be able to match up with the professionalism that is at Safaricom and Hellios if they decide to bring their own management.
I see them slipping to number 3 being overtaken by Hellios Telkom Kenya. I agree 100%. This Dukawalla mentality should stop, if they are to be in Afrika for a long time. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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murchr wrote:Gordon Gekko wrote:@iris, I have no grudge against success. I have a major problem with monopolistic control over critical sectors, worse, control over several critical sectors. If safcom, which today can shut down Kenya's financial sector takes control of the security sector (which it will at the conclusion of the cops project), we will have sold ourselves to vodacom.
There's a reason why we have a competition authority in Kenya, there's a reason why Bell Telephones in the US was broken up, there's a reason why there are active plans to breakup Google. There's also a reason why any political leader ensures that he fully controls the financial, information and security arms of government. Safaricom is nowhere near what Bell systems was...eish! Google will not be broken, not in today's corporate World. More and more companies are consolidating SABMiller, the world’s second-largest brewer, is being taken over by its bigger rival, AB InBev if the merger is completed, half the profits of the worlds beer market will be held by this company. Did this Safaricom "too big", "dominance" story ever end? In the news "AT&T Inc. has reached an agreement to buy Time Warner Inc. for $85.4 billion in a deal that would transform the phone company into a media giant"."In the world of media, bigger remains better.
So in the wake of Comcast’s $30 billion takeover of NBCUniversal and Verizon Communications’ serial acquisitions of the Huffington Post and Yahoo, AT&T has bought one of the remaining crown jewels of the entertainment industry.
The telecommunications giant agreed on Saturday to buy Time Warner, the home of HBO and CNN, for about $85.4 billion, creating a new colossus capable of both producing content and distributing it to millions with wireless phones, broadband subscriptions and satellite TV connections.""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
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Future of Safaricom - break up due to dominance!
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