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Equity Bank unveils its MVNO strategy

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VituVingiSana		#191 Posted : Tuesday, August 19, 2014 7:37:53 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		mlennyma wrote: This safcom is never mwananchi friendly until under pressure by competition,too bad. And the flak I used to get when I lauded Airtel's efforts to break the monopoly by introducing cheap(er) rates for off-net calls, data and roaming. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Kihara joni		#192 Posted : Tuesday, August 19, 2014 8:08:05 PM
Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa		I am not exited about this, I'ts actually an increase in price for me to 45/- this might or might not work very well for Saf, it will be like when banks introduced minimum balances of 20k in the 90s.
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jwatesh		#193 Posted : Tuesday, August 19, 2014 9:32:43 PM
Rank: Member Joined: 8/19/2014 Posts: 125		I hope the Equity sim card has cheaper faster data, I opened an Equity account just for that sim card....plus buying a huge bulk of stocks tomorrow. Imagine if they roled out this thin sim card to the whole of East Africa. The will capture a huge bulk of importers and exporters
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sorovi		#194 Posted : Wednesday, August 20, 2014 12:11:24 AM
Rank: Member Joined: 8/3/2007 Posts: 146		Kihara joni wrote: I am not exited about this, I'ts actually an increase in price for me to 45/- this might or might not work very well for Saf, it will be like when banks introduced minimum balances of 20k in the 90s. they can never give out anything for free .. They are trying to protect the low margin trading which can have the highest churn. Those transacting more than 2500 are looking for convenience and may not care about the cost as a factor to migrate
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Tall Order		#195 Posted : Wednesday, August 20, 2014 5:17:36 AM
Rank: Member Joined: 5/9/2014 Posts: 130 Location: Nairobi		Safcom's move a drop in the ocean trying to blind fold Wanjiku not to see the light at the end of the tunnel. Let's see Members entry into market rates and then take stock of everything.
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mnandii		#196 Posted : Wednesday, August 20, 2014 7:19:35 AM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		VituVingiSana wrote: mlennyma wrote: This safcom is never mwananchi friendly until under pressure by competition,too bad. And the flak I used to get when I lauded Airtel's efforts to break the monopoly by introducing cheap(er) rates for off-net calls, data and roaming. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mkeiy		#197 Posted : Wednesday, August 20, 2014 8:46:52 AM
Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi		sorovi wrote: Kihara joni wrote: I am not exited about this, I'ts actually an increase in price for me to 45/- this might or might not work very well for Saf, it will be like when banks introduced minimum balances of 20k in the 90s. they can never give out anything for free .. They are trying to protect the low margin trading which can have the highest churn. Those transacting more than 2500 are looking for convenience and may not care about the cost as a factor to migrate @Sorovi, How gullible are they? Who said Equity won't offer the same convenience, at cheaper rates?
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kollabo		#198 Posted : Wednesday, August 20, 2014 11:23:05 AM
Rank: Veteran Joined: 2/3/2012 Posts: 1,317		What sort of company would slash the charges of its main service by 67%? This after the threat of a new entrant. It only says one thing...Safcom have been exploiting customers ever since. They read Wazua and now understand the full implications of Equity's entry into mobile money.
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McReggae		#199 Posted : Wednesday, August 20, 2014 11:35:48 AM
Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi		kollabo wrote: What sort of company would slash the charges of its main service by 67%? This after the threat of a new entrant. It only says one thing...Safcom have been exploiting customers ever since. They read Wazua and now understand the full implications of Equity's entry into mobile money. Which business is a charity bro? ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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mlennyma		#200 Posted : Wednesday, August 20, 2014 11:59:26 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		I will be the first customer to drop mpesa very bitterly,iam surrounded by equity agents and atms.my few coins will go to equity "Don't let the fear of losing be greater than the excitement of winning."
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