Telecom

Kenya: Costly 5G phones delay Safaricom’s rollout plans

Tuesday, 17 May 2022 19:56
Kenya: Costly 5G phones delay Safaricom’s rollout plans

(Ecofin Agency) - Earlier this month, Kenya's telecom regulator awarded Safaricom 60 MHz of spectrum for 5G’s commercial launch. The rollout is expected to improve connectivity but according to Safaricom, not many people can afford compliant phones for the time being. 

Safaricom has decided to slow down on the deployment of the 5G in Kenya and focus on the 4G for the time being. According to CEO Peter Ndegwa (photo), the decision was motivated by the high cost of 5G phones, whose retail prices exceed Ksh100,000 (US$860). 

Until handsets that can receive 5G are at a sufficient scale from an individual mobile perspective there isn’t a big need to have lots of sites that offer 5G,” he explained. In the meantime, Safaricom will focus on providing broadband internet in areas not currently covered by its fiber network. 

The announcement comes days after Safaricom secured 60 MHz of spectrum in the 2600MHz band from the Communications Authority of Kenya (CA) for a 5G  commercial rollout. The move to ultra-high-speed broadband is of strategic importance to the telecom operator because the company wants to leverage its mobile data and payment businesses to offset slow growth in its call segment, which is affected by market saturation.   

For the fiscal year 2022 ended March 31, the operator reported mobile data revenue up by 8.1% to Ksh48.4 billion, while revenue from its M-Pesa mobile payment service jumped 30.3% to Ksh107.6 billion. Revenues from the call segment rose by a measly 0.8% to Ksh83.2 billion.

Isaac K. Kassouwi





 
Finance


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.