According to a report by Reuters, which cites company CEO Mickael Ghossein, Telkom Kenya ended December 2009 with 1.2 million mobile subscribers, adding 428,000 net new customers in just three months.
Despite impressive growth in the latter part of the year the operator still fell short of its target of two million registered users by year-end. Meanwhile the company ended 2009 with 250,000 customers on its ‘Orange fixed-plus’ fixed-wireless CDMA-450 network, up from 236,700 a year earlier. Ghossein added that Telkom, which is backed by France Telecom, invested around KES18 billion (USD225.3 million) on network expansions and upgrades in both 2008 and 2009.
The company plans to spend between KES10 billion and KES16 billion in 2010, with the introduction of a mobile banking product and possible entry into the country’s 3G market on the firm’s agenda.
Telkom is currently trialling 3G services across parts of its network, but the country’s USD25 million licensing fee could prove prohibitive to a commercial rollout.