Telkom Kenya is in line to receive a 4.1 billion Kenyan Shillings (US$40 million) loan from the European Investment Bank (EIB) to go towards a KSh9.34 billion ($92 million) mobile network expansion project, according to local media reports.
Late last year, following a rebranding that saw Orange become simply Telkom, the operator completed the first phase of a KSh600 million upgrade to its long-haul and metro optical transport network infrastructure. (See Forget Orange Kenya – Now It's Telkom.)
Telkom Kenya is still in the early stages of a revamp following the purchase of a majority stake by private equity firm Helios Investment Partners in 2016 and has some catching up to do with its rivals in a market that boasts more than 40 million users in total. Statistics from research house Ovum show that Telkom Kenya grew its active subscriber base and market share during 2017 and ended the year with more than 9% market share and that it is slowly catching up with the number two player Airtel, which holds a market share of almost 16%. But Safaricom is still the dominant force, with a market share of more than 75%.
Connecting Africa's 'Cloud Evolution in Africa' webinar revealed that cloud services are a game changer for Africa and without adequate access to these services, digital transformation loses some of its depth and meaning.
The introduction of 4G mobile broadband services across Africa has been transformative for individual users, businesses and economies, as well as the continent's mobile operators, but now the world is getting excited about the potential of 5G.
This webinar looks at the evolving role of 4G across Africa and how 5G will play a role in the development of digital, connected economies.
This webinar is part of the Connecting Africa Digital Series, which is produced in association with AfricaCom.