Saturday, April 30, 2016

Sh250m project to connect three towns with Internet


AccessKenya founder brothers Jonathan (left) and David (right) with their father Michael Somen. Dimension Data has bid Sh3.05 billion to buy the tech company. PHOTO/FILE
AccessKenya founder brothers Jonathan (left) and David (right) with their father Michael Somen. PHOTO | FILE |  NATION MEDIA GROUP

The internet service provider is currently laying 100km of underground fibre cables in Thika, Diani
and Kisumu.
AccessKenya is investing Sh250 million to connect three additional towns to its fibre optic network as it seeks to grow market share.
The internet service provider is currently laying 100km of underground fibre cables in Thika, Diani and Kisumu where the company is targeting a total of 400 commercial buildings.
This will add to AccessKenya’s existing 700 Km of fibre in Nairobi and Mombasa, as the firm steps up commercial connections after exiting the home internet market in 2014.
“We want to tap into the potential market in these areas,” said AccessKenya CEO Richard Hechle in an interview.
HOME SEGMENT
“We exited the home market segment in order to consolidate our efforts on corporate and enterprise segments of the market which is in our business strategy,” he said.
Mr Hechle said the ongoing projects are expected to be complete in October.
AccessKenya plans to grow its network presence to over 40 towns in Kenya and be present in every county, according to the CEO who took over the helm of the company  in September last year.
AccessKenya delisted from the Nairobi bourse in 2013 following a Sh3.05 billion buyout by Dimension Data, a subsidiary of Japanese mobile operator NTT DoCoMo Inc.
The family business was founded by the Somens — Jonathan and David — with the former serving as chief executive before stepping down last year to serve as non-executive director.
Wananchi Group commands the biggest share in Kenya’s broadband Internet market, followed by Liquid Telecoms while AccessKenya is placed third, according to data from Communications Authority of Kenya.

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