Tag: Equitel
Kenya Has 300,000 5G Users
5G has made interesting progress in the past two years with Safaricom leading the way and now Airtel joining the bandwagon. The latest sector...
SIM Penetration Jumps Two Points Following Overall Increase in Subscriptions
Mobile (SIM) subscriptions have undergone ups and downs this year. At the end of the fourth quarter of the previous financial year, it emerged...
Telco 3G/4G Coverage One of the Winners in Concluded Kenya Polls
Kenya had peaceful polls in 2022, after which William Ruto was declared the President. The elections were also backed by a ton of technology...
State of 4G in Kenya in 2022: Safaricom, Airtel, Telkom, Equitel and Faiba
Telcos globally, in the continent and in the country are switching to 5G. We've even seen 5G devices being launched in Kenya ranging from...
Equitel Becomes Fifth Kenya Provider to Offer 4G Services
Equitel, Equity Group’s mobile virtual network operator, has announced the launch of LTE or 4G services, making it the fifth telco to run such...
How to Protect Yourself from Online Financial Fraud
Equity has announced that all Equitel customers can only be contacted with ONE NUMBER: 0763000000.
The Tale of Fraud Cases at Equity, and What the Bank is Doing About It
UPDATE
Equity Bank has been on a hot seat over the last couple of hours.
The bank has always been doing the right thing with its...
Equity Launches 0763000000 Line for All Outgoing Calls To Customers
Customers will be called from a 0763000000 line in a unifying effort that will see them identify an official number easily.
Telkom, Safaricom Lose Market Share as Kenya Hits Record High Mobile Penetration
New numbers from the Communications Authority of Kenya (CA) are here. As it has always been the case, the numbers round up several elements...
Only Airtel Kenya Gained Market Share in Mobile Subscriptions in Q2 2019/2020
The latest sector statistics numbers from the Communications Authority of Kenya are here. The Authority, which is tasked with the policing of the ICT...
Equitel Rolls Out New Bundle With Minutes and Insurance Cover
Equitel has announced today a new telephone bundle that will offer its customers both talktime and insurance cover.
This is a collaboration between Equitel, Equity...
Telkom Hits 100K T-Kash Customers One Year After Launch
The Communication Authority’s Sector Statistics report for the second quarter of the FY 2018/2019 has been out for some time now. It includes several...
Equity Bank Agent Network Second to M-Pesa as Lender Reports KES 15.8 Billion Q3 Earnings
Yesterday’s Q3 financial announcements by Equity Bank were marked by the group’s ascent toward digitizing its banking services. The lender has been popularizing the...
M-Pesa Loses Ground on Person-to-Person Money Transfers (UPDATED: NO THEY AREN’T)
UPDATE: The article below was based on figures provided by the Communications Authority of Kenya reporting on the mobile money transactions during the first...
Alipay and WeChat Pay Coming to Kenya via Equitel
The recent influx of Chinese expatriates in the country, thanks to a number of China-funded projects, has seen a spike in a number of...
Airtel Money, Equitel Drop Free Money Transfers and Paybill
Subscribers who use mobile money services deployed by Airtel Kenya and Equity Bank’s MVNO, Equitel, will no longer enjoy free select services that have,...
Safaricom Losing Market Share as Airtel, Telkom Gain Ground
The Communications Authority of Kenya (CA), has released sector statistics report for the period October to December 2017. According to the report, Kenya's mobile...
Airtel Kenya Clears Communication Authority’s 4G License Tab
About a week ago, we reported that there have been several sightings of Airtel 4G across different parts of the country and some customers...
Equitel New Offer Bundles Data, Voice and SMS into Three Modest Packages
Equity Bank has been offering mobile communication service for some time now. Its jump into this business was hastened by Kenya’s open market for...
Equity’s Mobile Banking App is in Desperate Need of an Update
We are in that future where industry prophets foresaw the phasing out of trips to the bank to do minor things like check the...
Equity Bank is Closing Some of its ATMs to Encourage Mobile Banking Uptake
Companies deploy multiple strategies to boost profits without spending huge amounts of money, and the newest organization to take on this approach is Equity...
Mobile Money Solutions for Loans Still Soaring as Branch Reports a 15% Monthly Bump Since Launch
Branch, a Facebook-linked app that allows its users to score small loans through Safaricom’s mobile payment solution, M-Pesa has reported a 15% monthly growth.
The...
Equitel To Roll Up its Sleeves and Get Serious With its Mobile Network Unit
It is not a secret that Equitel has been doing really well when it comes to mobile money. Since its inception in July 2015,...
Equity Bank’s Digital Banking Products Gain Further as Income from Loans Takes a Hit
The banking sector as a whole, is one that has hit the headlines with all sorts of fintech announcements. From the recent one with...
Kenyas Mobile Subscriptions Drop in Latest Regulator Quarterly Report
Kenya's Communication Authority has published the quarter 3 2016 Telecommunication sector statistics report for the quarter ending September.
As usual the report compares a quarter...
I Opened an Equity Bank Account from my Smartphone, Here is How it Went
It's easy, give it a try.
Equity Bank is Making Bold Strides Towards Becoming a Fully Digital Bank
In 2015, Equity Bank through its subsidiary Finserve Africa limited launched its MVNO called Equitel. An MVNO is a mobile carrier that comes in, leases...
Equitel accounted for 82% of Loans Issued by Equity Bank
Equity Bank has today announced its Half Year 2016 results, which has seen its Pretax profit rise 18% to Kshs. 18.2 Billion. The Bank's...
Equity Bank’s Equitel adds New Feature Targeting Chamas
In the Q3 2016 report by the Communications Authority of Kenya, Equity Bank’s Equitel gained 0.7% market share to 4.4% with 1.6 Million subscribers....
Equity Bank’s Equitel named Best Mobile Banking Platform in Banking Awards
In 2015, Equity Bank through its subsidiary Finserve Africa limited launched its MNVO called Equitel. An MNVO is a mobile carrier that comes in, leases...
Equity Bank looks to Equitel to grow SME lending
Last week, Equity Bank released their Q1 2016 results where the bank saw its profit before tax rise 20% to 7.2 Billion. The company's growth...
Equitel’s Transaction Volumes rose 562% as Equity Bank turns Digital for Growth
Equity Bank has today announced its Q1 2016 results where the bank saw its profit before tax rise 20% from Kshs. 6.1 Billion to...
Safaricom’s Subscribers decline while Equity’s Equitel grow by 29%
The Communications Authority of Kenya has released Q2 sector statistics report for the financial year 2015/2016 (October-December 2015). In the report, the CA highlights...
Equitel wins Case Challenging awarding of its MNVO Licence
In 2014, Kenya opened up the market by legislation to Mobile Virtual Network Operators (MVNOs), basically meaning a mobile carrier can come in and...
M-Pesa leads in Mobile Money with 22 Million Customers and 94,000 agents -CA
The Communication Authority of Kenya released the Q1 2016 statistics report for the period between July and September 2015 on the mobile telephony sector. The...
