IN SUMMARYThe research firm’s draft report seen by the Business Daily indicated that lower tariffs have had a positive effect on revenues of the four telecom operators, their traffic, subscriber numbers as well as mobile penetration.The downward review in of MTR 2010 from Sh4.42 to Sh2.21 gave the operators room to cut tariffs by more than half, but the telcos have ruled out lower call rates should the rate fall further and will instead absorb the cost savings to boost earnings that had been hit by price wars.
http://www.businessdailyafrica.com/Corporate+News/CCK+delays+call+rate+cuts…
Njeri Rionge had asked me to speak about the private equity and venture
capital industry in Africa – which I write about on www.africa-assets.com –
and the nascent ICT industry in Kenya at her Ignite ‘Scaling Your Business
Upwards Summit’ last week in Nairobi. I gave the participants a short
overview of the private equity sector and looked at some of the issues that
particular affect SMEs considering that kind of investment. Making the link
to Kenya’s nascent ICT industry, I argued that I expected to see far more
traction in those companies who don’t get that much enthusiastic media
coverage, and who also don’t run from pitch event and competition to the
next.
read on
http://www.the-star.co.ke/business/andrea-bohnstedt/95989-not-all-are-cut-o…
