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KCB Q1 2014 Results
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Kalameni wrote:@guru where nd when will the undertaker hold this big burial. You seem to have missed the burial of kencell, zain, and celtel! The death of Yu has just happened recently so burial is to be scheduled! Orange is on the death bed with terminal illness  Airtel has the same sickness but is still in denial.... Why would equity want to join this horror story?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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whiteowl wrote:Equity has a customer base of 8M+ and an agency network of 11k+ both of which the companies you've listed above never had when they were taking on safcom. You can even have the sun and the moon... Kenyans don't seem to ever want to leave safcom! Their loyalty for safcom flattens the loyalty for Equity! Despite being the most expensive network in ALL aspects the customer base is still going up! Ive watched Airtel put out offer after offer after offer on their mobile money to no avail whiteowl wrote:I'm not saying Equity will win outright but it has enough muscle to take on Safcom and stay in the fight for quite a long time.
Does Equity really have more muscle than Essar?? or Bharti?? or Orange?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Boris Boyka wrote:Yousaid it will collapse,when it started operating agents you said it will collapse(other banks followed including KCB). If you feel like accusing me of something at least have the decency to quote me! Boris Byoka wrote:@guru247 of late you're misleadingus financially
GET THIS STRAIGHT... I am neither your spouse, nor your broker, nor your advisor, nor your parent, nor your sibling, nor your politician, nor your preacher! Mark 12:29
Deuteronomy 4:16
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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guru267 wrote:whiteowl wrote:Equity has a customer base of 8M+ and an agency network of 11k+ both of which the companies you've listed above never had when they were taking on safcom. You can even have the sun and the moon... Kenyans don't seem to ever want to leave safcom! Their loyalty for safcom flattens the loyalty for Equity! Despite being the most expensive network in ALL aspects the customer base is still going up! Ive watched Airtel put out offer after offer after offer on their mobile money to no avail whiteowl wrote:I'm not saying Equity will win outright but it has enough muscle to take on Safcom and stay in the fight for quite a long time.
Does Equity really have more muscle than Essar?? or Bharti?? or Orange?? Equity's customer base is also going up and it has a loyal customers who flocks there everyday and from a Wanjiku's point of view, it takes care of their needs.This lower pyramid is very crucial in the mobile money market.You also don't hear lots of complains of it being the "most expensive" unlike safcom. And you're yet to give a credible reason why its doomed for failure other than stating Essar's, Bharti and Orange failures which I dont think can be directly transposed to fit Equity's situation.
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Rank: Member Joined: 7/20/2011 Posts: 161 Location: nairobi
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guru267 wrote:Boris Boyka wrote:Yousaid it will collapse,when it started operating agents you said it will collapse(other banks followed including KCB). If you feel like accusing me of something at least have the decency to quote me! Boris Byoka wrote:@guru247 of late you're misleadingus financially
GET THIS STRAIGHT... I am neither your spouse, nor your broker, nor your advisor, nor your parent, nor your sibling, nor your politician, nor your preacher! I have never known guru to get emotional. Guess the word MILEADING got to him. I digress. Equity is not looking to be number one in telecos... They are looking to gain a foothold in the market... especially mobile money. Its common knowledge that Safaricom has been subotaging Eazzy247, equitys mobile service.... Patience. You cannot have a baby in one month by impregnating nine women....
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Rank: Elder Joined: 6/23/2009 Posts: 14,249 Location: nairobi
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guru267 wrote:Boris Boyka wrote:Yousaid it will collapse,when it started operating agents you said it will collapse(other banks followed including KCB). If you feel like accusing me of something at least have the decency to quote me! Boris Byoka wrote:@guru247 of late you're misleadingus financially
GET THIS STRAIGHT... I am neither your spouse, nor your broker, nor your advisor, nor your parent, nor your sibling, nor your politician, nor your preacher! admin yuko wapi. kuna mtu hapa anaongea kama malava.. btw, kencell, zain, celtel did not die.. walihamishwa tu kwa ward ya wanyonge wakabaatizwa airtel, yenye bado iko.. anywho, for sure; hio graveyard pia tutapata Home Afrika :) this is a good move by Equity the first mover. emotions tuache. even kcb the laggard has announced intent to apply for a similar mobile license
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Rank: Member Joined: 4/14/2011 Posts: 639
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While I believe there is too much hype about Equity mobile licence,the licence will definately go a long way in entrenching Equity into mobile money biz and definately eat into mpesa share.How equity use it in conjuction with their agency banking model wil determine their success.A product close to mshwari/mkesho wil also reduce safcom traffic.We can only wait as its just about to get interesting,JM is upto something
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Rank: New-farer Joined: 9/20/2010 Posts: 80
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@guru 267 seems to have written of memba even before start .Lets await Fy 2014 results nd see the impact.indeed its a risk for james but am sure they have consulted nd done a viability study.
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Equity is NOT starting [as done by Safaricom, Kencell & Econet] nor buying a network [as done by Celtel, Zain, Airtel and Essar/Yu] but is going to buy minutes & data as well as lease some infrastructure from Airtel. The network would be managed by Airtel while Equity will sell airtime but it probably gets to keep a larger portion of the transaction fees. It's about mobile money fees [& cheap deposits] NOT selling airtime or data! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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obiero wrote:guru267 wrote:Boris Boyka wrote:Yousaid it will collapse,when it started operating agents you said it will collapse(other banks followed including KCB). If you feel like accusing me of something at least have the decency to quote me! Boris Byoka wrote:@guru247 of late you're misleadingus financially
GET THIS STRAIGHT... I am neither your spouse, nor your broker, nor your advisor, nor your parent, nor your sibling, nor your politician, nor your preacher! admin yuko wapi. kuna mtu hapa anaongea kama malava.. btw, kencell, zain, celtel did not die.. walihamishwa tu kwa ward ya wanyonge wakabaatizwa airtel, yenye bado iko.. anywho, for sure; hio graveyard pia tutapata Home Afrika :) this is a good move by Equity the first mover. emotions tuache. even kcb the laggard has announced intent to apply for a similar mobile license @obiero I concur. Today more money is transacted on mobile platforms than on the banking platform. Soon enough all banks will realize mobile is the way to go unless you want to watch your bank die a slow and painful death and by then Equity will be miles ahead.
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