Friday, April 23, 2021
TechMoran
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds
No Result
View All Result
TechMoran
">
Home Telcos

Telco battles and how MVNOs would make Money Transfer Rates cheaper

Caroline Vutagwa by Caroline Vutagwa
7 years ago
in Telcos
3 min read
0

mvno

 

The battle of “who is who” in Kenya’s telecommunications and mobile banking sector is nowhere near conclusion.

It first began with call rates, where some telcos substantially slashed call rates. Eventually, it moved to SMS’s and internet data, where the real battle is.

However, given the high smartphone penetration in the country, which has been reported to be at 6 percent in the mobile market, mobile applications such as Whatsapp, Viber, Telegram and social media platforms such as Facebook and Twitter are becoming a major threat to the SMS package.

Mobile money transfer on the other hand has become the most successful innovation in the sector with  institution like banks feeling the heat and finally integrating it in their customer services. The Central Bank of Kenya (CBK) reports that consumers move an average of KSh186.4 billion monthly or KSh6.2 billion per day on mobile.

The popularity of mobile money and its inherent money-spinning dimension has awakened new competition wars, especially from new players coming in on a new concept dubbed Mobile Virtual Network Operators (MVNOs).

Related posts

Etisalat & Nokia launch ultra-fast 5G broadband services in the UAE

April 21, 2021
0

Telkom Kenya launches Fursa, a mobile wallet for youth relief funds

April 15, 2021
0

Airtel Has Upgraded Some of Its Sites To 5G Mobile Internet Services

April 7, 2021
0
5G

Safaricom To Launch Kenya’s First 5G Mobile Internet Services

March 25, 2021
0
safaricom

Safaricom Has Appealed To The High Court To Stop The Decision Of Blocking Illegal Football Streams

March 24, 2021
0
safaricom

Safaricom Foundation Donated Infrastructure Worth KSh 21 Million To Turkana Schools

March 9, 2021
0

So far, three MVNOs licences Tangaza’s Mobile Pay Limited Zioncell Kenya Limited and one to Finserve Africa Limited, a subsidiary of Equity bank, have been issued.

READ  Rocket Internet Raises $445 Million from PLDT | Entering the Mobile Payments Sector

Innovation and competition is definitely setting pace in the country’s economic growth and development.

Readers 868

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Caroline Vutagwa

Caroline Vutagwa

Minding my own business is not enough for me that's why you will always find me minding Africa's Businesses as well as Technology and of course letting you know about it. Talk to me on [email protected]

Related Posts

MENA Edition

Etisalat & Nokia launch ultra-fast 5G broadband services in the UAE

April 21, 2021
0
Telcos

Telkom Kenya launches Fursa, a mobile wallet for youth relief funds

April 15, 2021
0
Telcos

Airtel Has Upgraded Some of Its Sites To 5G Mobile Internet Services

April 7, 2021
0
5G
Telcos

Safaricom To Launch Kenya’s First 5G Mobile Internet Services

March 25, 2021
0
safaricom
Telcos

Safaricom Has Appealed To The High Court To Stop The Decision Of Blocking Illegal Football Streams

March 24, 2021
0
safaricom
Telcos

Safaricom Foundation Donated Infrastructure Worth KSh 21 Million To Turkana Schools

March 9, 2021
0
Telcos

Telkom Announced Its Welcome Offer For Pre-Paid Customers For First Timers

March 5, 2021
0
Tech

Liquid Telecom has raised US$840 million to support its growth strategy

February 26, 2021
0
ethiopia-9
Business

Ethiopia Has Brushed Off Claims That Safaricom Was Shortlisted For License

February 22, 2021
0

ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Toshiba

Use This Tool If Chrome Makes Your Computer Slow

April 23, 2021

Samsung Galaxy Book Go: Videos Surface Ahead of Launch & Windows 10 on ARM finally affordable.

April 23, 2021

Vivo X60 Pro: unique Gimbal, but to be fine-tuned

April 23, 2021
apple store

Russian Hacker Has Given Apple Until May 1st To Pay $50 Million As They Have Access To The Future Product Schematics

April 23, 2021

YouTube Rolls Out A New Feature Which Will Make It Easier For Creators To Change Their Names

April 23, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: