On his first appearance on KTN Financial Markets Live, Safaricom CEO Michael Joseph tells host Larry Madowo that the network's money transfer service M-Pesa will remain as a value-add. He says Safaricom's 3G & EDGE networks are already on the SEACOM fibre optic cable and that the rival TEAMS cable whose board he chairs, should come on air in August. Joseph also insists that number portability is an expensive affair adding that Safaricom will not engage in a price war. He also talks about Safaricom's AGM and the future for the listed firm.
Please get the facts right (on portability). It is free to port numbers in the UK.. Its does not cost £50 as suggested by Mr Joseph. Also, it is very popular in the UK where consumers usually switch from dominant providers to smaller, cheaper providers. However his sentiments about portability are understandable as S-com are the dominant player and would like to retain their monopoly. However, they have improved the lives of lots of Kenyans.. and thats commendable!
azazal88 2 years ago
GREAT SHOW
changeandthetime 2 years ago