Kenya: Safaricom Increases Internet Share, Challenges Zuku’s Dominance
The latest industry data report by the Communications Authority of Kenya (CA) covering up to June shows that Safaricom increased its share of Kenya’s fixed Internet market to 32.7 percent over the last financial year- its highest in two yearsâ€‘ bringing it closer to the dominant Wananchi Group that owns Zuku.
The report shows that Safaricom has increased its fixed Internet market by 11.5 percent from 21.2 percent; while Wananchi Group increased by only 4.4 percent to 34.8 percent.
In the 12 months leading to June, Safaricom also gained an additional 59,720 fixed Internet connections while on the other hand, Wananchi Group had 34,194 new connections during the review period.
The rise in fixed Internet connections at Safaricom comes just as the telco increased its fibre network across Kenya by 34 percent over the past year.
The onslaught on the Wananchi Group comes after reports back in October 2017 by Bloomberg that the group was planning to exit the Kenyan market and had also contracted the US consultant firm Lizard Limited to work on a potential sales plan.
Safaricom has gradually been increasing its fibre to the Home (FTTH) and its fibre to the business (FTTB) connections across Kenya.
Credit: This article originated from www.businessdailyafrica.com