AccessKenya targets 8% revenue growth

The Star in Nairobi reports that Kenyan Internet Service Provider, AccessKenya is looking to leverage off its investment in fiber infrastructure to attain a projected 8% growth in revenue.

According to the report the company anticipates a growth from Sh1.9 billion (approximately $21,8 million) last year to approximately Sh2,05 billion this year.

Despite a slow start to 2013, particularly around the elections, the company plans to utilise Sh300 million (approximately $3,4) in Capex to expand its fibre network writes The Star.

AccessKenya Leadership is reported to have confirmed an agreement with Safaricom to become a local loop provider and also its intention to pursue Telkom Kenya for a similar wholesale service.

In 2012 the ISP saw 700 new leased line connections and a total of 5400 leased lines.

Staff Writer