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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