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Hellios Billions from Equity Bank to buy Telkom kenya
Rank: Member Joined: 6/6/2016 Posts: 167 Location: Nairobi
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the MPESA train gathered steam a long time ago, trying to compete there is rather a fruitless endeavour
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Rank: Elder Joined: 6/23/2009 Posts: 14,327 Location: nairobi
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snifadog wrote:the MPESA train gathered steam a long time ago, trying to compete there is rather a fruitless endeavour If a similar product offering with a strong agent network, at a lower tarrif occurs, then the unthinkable may just become a reality. Safaricom must not take Telkom lightly COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,821 Location: NAIROBI
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obiero wrote:snifadog wrote:the MPESA train gathered steam a long time ago, trying to compete there is rather a fruitless endeavour If a similar product offering with a strong agent network, at a lower tarrif occurs, then the unthinkable may just become a reality. Safaricom must not take Telkom lightly @Obiero what about Airtel and airtel money Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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obiero wrote:snifadog wrote:the MPESA train gathered steam a long time ago, trying to compete there is rather a fruitless endeavour If a similar product offering with a strong agent network, at a lower tarrif occurs, then the unthinkable may just become a reality. Safaricom must not take Telkom lightly Mindless copying won't take them anywhere. Safcom is safe given Telkom's history. Waste of funds... Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 6/6/2016 Posts: 167 Location: Nairobi
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obiero wrote:snifadog wrote:the MPESA train gathered steam a long time ago, trying to compete there is rather a fruitless endeavour If a similar product offering with a strong agent network, at a lower tarrif occurs, then the unthinkable may just become a reality. Safaricom must not take Telkom lightly even if a competitor came which was 10-20% better than MPESA, it would never catch up imo, at this rate any competitor needs to change the game completely. orders of magnitude better/different if you want to stop this train
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Rank: Elder Joined: 12/4/2009 Posts: 10,821 Location: NAIROBI
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snifadog wrote:obiero wrote:snifadog wrote:the MPESA train gathered steam a long time ago, trying to compete there is rather a fruitless endeavour If a similar product offering with a strong agent network, at a lower tarrif occurs, then the unthinkable may just become a reality. Safaricom must not take Telkom lightly even if a competitor came which was 10-20% better than MPESA, it would never catch up imo, at this rate any competitor needs to change the game completely. orders of magnitude better/different if you want to stop this train Telkom kenya strategy is to dislodge airtel and become number 2 and the owners to get a return on their investments. They know they can't dislodge safaricom from top position. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/10/2014 Posts: 145 Location: Nairobi
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Ericsson wrote:snifadog wrote:obiero wrote:snifadog wrote:the MPESA train gathered steam a long time ago, trying to compete there is rather a fruitless endeavour If a similar product offering with a strong agent network, at a lower tarrif occurs, then the unthinkable may just become a reality. Safaricom must not take Telkom lightly even if a competitor came which was 10-20% better than MPESA, it would never catch up imo, at this rate any competitor needs to change the game completely. orders of magnitude better/different if you want to stop this train Telkom kenya strategy is to dislodge airtel and become number 2 and the owners to get a return on their investments. They know they can't dislodge safaricom from top position. MPESA is just 11 yrs old. Its never too late to compete. Truly safaricom is a huge titanic. "Blowing out someone else candle won't make yours shine brighter"-Anonymous
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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The reality is that M-Pesa is the preferred (mobile money) choice for many vendors. Many vendors/establishments accept just M-Pesa that one has no choice but to use M-Pesa. I prefer using Airtel Money where possible coz it's cheaper BUT my choices are limited so I default to Safcom. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,327 Location: nairobi
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VituVingiSana wrote:The reality is that M-Pesa is the preferred (mobile money) choice for many vendors. Many vendors/establishments accept just M-Pesa that one has no choice but to use M-Pesa.
I prefer using Airtel Money where possible coz it's cheaper BUT my choices are limited so I default to Safcom. Vindu vichangeanga  COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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obiero wrote:VituVingiSana wrote:The reality is that M-Pesa is the preferred (mobile money) choice for many vendors. Many vendors/establishments accept just M-Pesa that one has no choice but to use M-Pesa.
I prefer using Airtel Money where possible coz it's cheaper BUT my choices are limited so I default to Safcom. Vindu vichangeanga  As long as it costs less/same to send money from Airtel to Safcom Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Hellios Billions from Equity Bank to buy Telkom kenya
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