Articles tagged with: Econet and Lte

Kenya's Subscriber Growth Reaches 40% in 2008

The Kenyan market saw some major developments in the second half of 2008: in Q3, fixed operator Telkom Kenya launched a mobile network, and in the last quarter of the year, econet Wireless finally managed to get up and running, more than five years after it was first awarded a licence. At the end of 2008, there were 15.90m mobile customers in Kenya. Annual net additions stood at 4.55m, up from 4.08m a year earlier, but proportionate growth fell from 56.0% to 40.1%. Fourth-quarter net additions increased from 0.65m in Q4 07 to 1.37 in Q4 08.  more

Related Tags: orange, , tim, mtn, safaricom, telkom, celtel, econet-wireless, telkom-kenya, Kenya


Econet Denies MTN Interest in Kenyan Network

econet Wireless Kenya, which trades under the Yu brandname, has refuted local media reports that South Africa's MTN has offered US$450 for a stake in the company. The reports are "rumors," Chief Executive Officer Srinivasa Iyengar told reporters in Nairobi. The story emerged in Kenya's Standard newspaper.  more

Related Tags: orange, mtn, mobile-number-portability, iden, vas, number-portability, safaricom, telkom, essar, celtel, econet-wireless, partner, econet-wireless-kenya, essar-telecom-kenya, yu, essar-telecom, telecom-kenya, telkom-kenya, Kenya


Econet Kenya Signs Up 200,000 Customers in 3 Months

econet Wireless's newest network, in Kenya is reported to have signed up 200,000 subscribers since it launched last November - and is aiming for one million customers by the middle of the year. econet Wireless trades under the Yu brand in the country.  more

Related Tags: orange, eu, mobile-number-portability, number-portability, safaricom, telkom, essar, celtel, econet-wireless, econet-wireless-kenya, yu, telkom-kenya, target, Kenya


Econet Wireless Secures Kenyan Network Rollout Funding

New entrant into the Kenyan mobile market, econet Wireless (trading as Yu) has secured the Sh 35 billion (US$450 million) loan necessary to fund its network rollout. The deal had been delayed by two months after econet reported difficulties finding credit during the current global economic downturn.  more

Related Tags: orange, mobile-number-portability, number-portability, safaricom, telkom, essar, celtel, econet-wireless, econet-wireless-kenya, telkom-kenya, network-sharing, nairobi, Kenya


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