@guru, i speak as both an account holder(4 Accounts) and shareholder since September 2007.
While i agree with you on the capital outlay part, i strongly disagree with you that it will be Equity's downfall for the simple reason that just as safaricom is a brand and has loyal customers, trust me Equity is even more to us. I cant wait for the roll out to get me an Equity number And i'd love it more than my 0722 Safaricom line
Lets talk a bit of numbers. As per the Economic Survey 2014 release, KES.914B was moved through mobile money last year, a 36% increase over 2012.Every shilling here attracts some transaction fee. Contrast this with their traditional source of revenue -Loans. In the same release, only KES.20.2B was borrowed from banks by Kenyans(AS in all the banks had to share out this) Looks like a typo
As a DFI student,you can see where the money is.That is what Dr.JM has seen.
#Numbers don't lie!

A graveyard that transacts over $19bn/year?? JM wouldn't mind being buried there any day.

1. Onto KCB, the 30% is more than i expected considering Southern Sudan and the going ons.
2. On Equity and the Telco business. It won't be easy. Having an MNVO licence means they'll be piggy backing on an existing network hence wiping margins and increasing overheads. YU tried to ride on Airtels network and look at where they ended.
My 2 cents.

He will be buried next to kencell, celtel, zain, Orange, Yu and Airtel!

The undertaker (safaricom) will be happy to receive him!

When EQT went to mama mbogas and wanjikus for accounts holding this was said,when it started giving loans at low interests to all classes with few procedures even off pay slip ones You said it will collapse,when it started operating agents you said it will collapse(other banks followed including KCB). EQT is not fighting to beat safaricom but to have a share of that sector (leyman) with much respect @guru247 of late you're misleading us financially