AfricaCom 2019 to feature new AfricaTech Centre Stage

Tech takes
centre stage

New feature at
AfricaCom 2019.

Saturday, Sep 21st

'Subscriber adjustment does not impact on our business' – Telkom Kenya

'Subscriber adjustment does not impact on our business' – Telkom Kenya

Following the dialing down of Telkom Kenya's subscriber base from 5.2 to 2.9 million as reported by the Communications Authority, it was revealed that the company's market share was at 7.6% and not 13.2%.

However, according to Telkom Kenya, they "are fine" with the CA adjustments as their business is not at all impacted by the move.

In a statement, the company said that the adjustment to 90 days of revenue generating cycle is to comply with international standards.

"Following the change of ownership of Telkom Kenya in June 2016, the Company embarked on several Transformation initiatives led by the new management and leadership team. A key component of the Transformation program is the adoption of international best practice reporting and full compliance with local regulatory requirements," the company said.

However this will not affect its business performance, according to the company.

Telkom said, "There is no underlying impact on the business performance or operations of the Company arising from this change in reporting. The Board and management of Telkom Kenya are pleased with the current progress of the Transformation program and remain committed to working towards achieving positive results."

Orange sold of its 70% stake to Helios Investment Partners in June 2016 and the company has been restructuring its offering since then.


TTCL completes first phase of SADC fibre optic project Published on 09 September 2019

Little detail available regarding project timeline or total cost.

NEC XON signs cooperation agreement for sub-Sahara Africa with INCELL International Published on 17 September 2019

NEC XON has partnered with INCELL International to use its smart lithium technology to serve the needs of the market.

AfricaCom 2019 to feature new AfricaTech Centre Stage Published on 12 September 2019

New zoned exhibition area dedicated to AI, blockchain, FinTech, cloud, data and security, among other tech topics.