The shakeup of mobile money industry continues to shake up. As per the last report (APRIL-JUNE 2015) from Communications Authority, the market share (in terms of mobile money subscriptions) stood as follows amount the firms:
|
Firm |
Subscriptions (Numbers) |
|
Safaricom |
21,338,328
|
|
Airtel |
3,119,812
|
|
Orange |
192,531
|
|
Finserve (Equitel) |
873,643
|
|
Mobicash |
1,714,170
|
|
Tanngaza |
503,556
|
|
TOTAL |
27,742,040
|
The recent announcement that Helios Investment Partners, the London-based private equity firm, once the single-largest shareholder in Equity Bank, had agreed to buy the entire 70 per cent holding of France Telecom in Telkom Kenya is a game changer.
Helios and Equity have a good working relationship and a partnership would be in the offing. Telkom Kenya has a large network which would extend the reach of Finserve services.
Let's sit and watch.
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