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Equity Bank unveils its MVNO strategy
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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chemos wrote:No one seems to be talking about the medium Equity will be using to facilitate this product. As much as Equity might have a good product has anyone thought about the reliability of Airtel Network. This i know for a fact will be a big letdown to Equity Model. Airtel Networks Uptime in terms of service availability is wanting. I know of sites going down and resolutions taking more than a day, even weeks. This happens even with major hubs that serve huge geographical areas.
They might have SLA agreements with airtel but i can bet you will be hearing of people complaining all the time about transactions not going through due to network issues.
'Air Patel' will give JM quite some sleepless nights this i can assure you.... Though KE is not mentioned expressly, probably... Bharti Airtel divests African telecom tower assets to Eaton Read more at: http://www.moneycontrol....?utm_source=ref_article
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Rank: Elder Joined: 7/22/2009 Posts: 7,840
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chris79 wrote:MaichBlack wrote:@kingotore
1) Equity has some of the lowest charges if not the lowest! Which bank are the customer you talk about moving to?
2) Of the other points, the one's that are factual (some are definitely not!), what are the chances Equity's top management have not thought about them??
It's amazing how people imagine major companies just wake up and introduce new products and services without considering some basic aspects. Do you know the number of meetings that are held monthly/weekly on this one issue alone? A committee complete with subcommittees is in place with all possible issues looked at and discussed at length. Anyone who has ever held a management position knows how these things work! It's okay to critic but lets not be too simplistic. And what makes you think the guys over at Waiyaki way are sitting on their hands waiting for the onslaught? They are not. And that is why they are running all over screaming about the thin sim. This action alone shows how scared they are. And Equity already have a customer base. This customers will get a thin sim free of charge to perform transactions that could have taken them to the banking hall. The will then notice that things they used to do in Mpesa are also available, cheaper and more convenient - you don't have to withdraw your money first. Kwisha. Watch this space. If I have an Equity Bank account and I can access it on my phone, send you money and you withdraw from an Equity Bank agent near you, I will automatically ignore Mpesa - especially if Equity is cheaper. Which it is. Disclaimer: I own both Equity and Safaricom shares. I therefore hope Safaricom doesn't get a serious kichapo. They can both co-exist! 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: Veteran Joined: 7/3/2007 Posts: 1,635
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chemos wrote:No one seems to be talking about the medium Equity will be using to facilitate this product. As much as Equity might have a good product has anyone thought about the reliability of Airtel Network. This i know for a fact will be a big letdown to Equity Model. Airtel Networks Uptime in terms of service availability is wanting. I know of sites going down and resolutions taking more than a day, even weeks. This happens even with major hubs that serve huge geographical areas.
They might have SLA agreements with airtel but i can bet you will be hearing of people complaining all the time about transactions not going through due to network issues.
'Air Patel' will give JM quite some sleepless nights this i can assure you.... Good point, @Chemos. However, talking of network reliability, have you tried to use Safaricon lately? Poor reception, over 30% dropped calls, SMSes that disappear into a black-hole somewhere......The last time I experienced such terrible service was in South Sudan five years ago. I am seriously thinking of voting with my feet, but to where? And then I saw recently that Safaricon has declared over 18 billion shillings divided. Hello? Yes, Waiyaki Way? Has someone, anyone, in those glass towers ever heard of misplaced priorities?
No? But you have heard of JM? Oh, and you are thin...hello? Hello? Hello, can you hear me? Yes, I know, the network...helloo? (damn!, call dropped again).The moral of the story is: Most of the divided money should have been reinvested in network upgrading and to create a war chest to fight Equity/MVNO and other Mafisi. "The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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MaichBlack wrote:chris79 wrote:MaichBlack wrote:@kingotore
1) Equity has some of the lowest charges if not the lowest! Which bank are the customer you talk about moving to?
2) Of the other points, the one's that are factual (some are definitely not!), what are the chances Equity's top management have not thought about them??
It's amazing how people imagine major companies just wake up and introduce new products and services without considering some basic aspects. Do you know the number of meetings that are held monthly/weekly on this one issue alone? A committee complete with subcommittees is in place with all possible issues looked at and discussed at length. Anyone who has ever held a management position knows how these things work! It's okay to critic but lets not be too simplistic. And what makes you think the guys over at Waiyaki way are sitting on their hands waiting for the onslaught? They are not. And that is why they are running all over screaming about the thin sim. This action alone shows how scared they are. And Equity already have a customer base. This customers will get a thin sim free of charge to perform transactions that could have taken them to the banking hall. The will then notice that things they used to do in Mpesa are also available, cheaper and more convenient - you don't have to withdraw your money first. Kwisha. Watch this space. If I have an Equity Bank account and I can access it on my phone, send you money and you withdraw from an Equity Bank agent near you, I will automatically ignore Mpesa - especially if Equity is cheaper. Which it is. Disclaimer: I own both Equity and Safaricom shares. I therefore hope Safaricom doesn't get a serious kichapo. They can both co-exist! Equity already has EAZZY 247 yet most of it's customers still flock the banking hall!!! ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Rank: Member Joined: 4/15/2009 Posts: 371
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Rank: Elder Joined: 11/28/2006 Posts: 1,799
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Wakanyugi wrote:chemos wrote:No one seems to be talking about the medium Equity will be using to facilitate this product. As much as Equity might have a good product has anyone thought about the reliability of Airtel Network. This i know for a fact will be a big letdown to Equity Model. Airtel Networks Uptime in terms of service availability is wanting. I know of sites going down and resolutions taking more than a day, even weeks. This happens even with major hubs that serve huge geographical areas.
They might have SLA agreements with airtel but i can bet you will be hearing of people complaining all the time about transactions not going through due to network issues.
'Air Patel' will give JM quite some sleepless nights this i can assure you.... Good point, @Chemos. However, talking of network reliability, have you tried to use Safaricon lately? Poor reception, over 30% dropped calls, SMSes that disappear into a black-hole somewhere......The last time I experienced such terrible service was in South Sudan five years ago. I am seriously thinking of voting with my feet, but to where? And then I saw recently that Safaricon has declared over 18 billion shillings divided. Hello? Yes, Waiyaki Way? Has someone, anyone, in those glass towers ever heard of misplaced priorities?
No? But you have heard of JM? Oh, and you are thin...hello? Hello? Hello, can you hear me? Yes, I know, the network...helloo? (damn!, call dropped again).The moral of the story is: Most of the divided money should have been reinvested in network upgrading and to create a war chest to fight Equity/MVNO and other Mafisi. Load the air patel network with even 3 million subscriber activity from equitel and then you will know what network reliability actually is. And to add onto that the YU subscribers being loaded onto airtel network also introduces capacity challenges that air patel have to handle immediately. Await the constant fights JM will be having with air patel over capacity and availability issues. Granted the Green monster will get some beating in the initial phases but dont underestimate them. MPESA servers are now localized, testing ongoing and should be commercialized before nov. Renegotiated license fees with Vodafone for MPESA transactions.(They can match the pricing on MPESA charges) And now acquisition of YU frequencies and network infrastructure.. This all translates to more network capacity for the green monster and i even foresee a situation where equity buys excess capacity from safcom to cater for shortcomings from air patel.
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Rank: Member Joined: 7/24/2010 Posts: 239 Location: nairobi
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Lets now sit and see how things move, i see the share at 100 1n 2015.
Am am seeing a situation where i will not need hard cash to do any shopping. A win for central bank.
On a different note i have noted many people calling/using orange line and i have saved their safaricom numbers.
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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The GoK will probably be leaning towards one of these beasts for obvious reasons. It is such great news that Kenya and kenyans have managed to raise these monsters to where they are today. With the exit of Yu and the manoeuvres by EB, Airtel is poised to gain significantly (unfortunately it's not our own). TULIA.........UFUNZWE!
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Rank: Member Joined: 8/19/2014 Posts: 125
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If MVNO becomes a success they will roll out to be a full telecom soon in case of too much capacity issues. This is my guess. MVNO is just a cheap and easier way to roll out so that they dont suffer the massive losses that YU suffered
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Rank: Chief Joined: 5/9/2007 Posts: 13,095
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innovator wrote:Lets now sit and see how things move, i see the share at 100 1n 2015.
Am am seeing a situation where i will not need hard cash to do any shopping. A win for central bank.
On a different note i have noted many people calling/using orange line and i have saved their safaricom numbers. Maybe the 'did you know...' And the 'do the maths...' campaigns are working.
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