@webMike, I'll make my last contribution on this thread. There is one line in that article that stands out = “There will be a much higher average bandwidth per consumer as we go ahead. This is what we have to service,” said Mr Senanu. These guys have taken a bitter pill, that double bandwidth/same price. I hope they will be able to do good for the market and as others will through Eassy. Me thots. Rgds. On Tue, Mar 23, 2010 at 12:09 PM, Michael Pedersen <sku@kaal.dk> wrote:
aki wrote:
There is a story in Business Daily today titled " AccessKenya records 31 p.c. drop in profit " . No matter what way you look at the article, the consumer has spoken.
I'm not sure how you read the article, but I think its a "different way" than the way I read it.
It is quite clear from the graph in the article that turnover for 2009 have infact increased (by what seems like 1/3), and the article clearly states that it is the investments that have nearly doubled and thereby reduced profitability... So yes I agree that the consumer has spoken, but in favor of AccessKenya ;-)
Anyway it will be interesting (as always) to see the public accounts when they are out.
regards webMike