The following extract from IntelliNews African Telecom & IT Review and ISI – IntelliNews on November 23, 2009 provides a peak into Kenyan Internet growth which is ramping up after the new Seacom cable down the East Coast of Africa came online in July 2009.
“More homes are connecting to high-speed internet since data service provider, AccessKenya (AK), doubled capacity. The firm is linked to the Seacom and Teams undersea fibre cables. With 500 new customers in Oct, AK has overtaken its 2,800 annual target, AllAfrica.com reported. Group MD, Jonathan Somen, said AK expects to increase market share considerably in 2010. Access@Home guarantees speed, unlimited downloads, better service levels and support. AK’s corporate market share is over 40%. The company estimates its total market at about 7,500, excluding 20% of the 40,000 corporates, giving enormous growth potential.”
No Kenyan listed company has yet to take their investor relations initiatives online. There are significant and compelling reasons why they should.