AccessKenya has departed from the home internet market. The company has revealed that the move is a strategic one as it will be looking to venture into Uganda.
The ISP revealed that it will not connect any new residential customers. The company stated that: “The retail market has been dominated by more affordable broadband packages from mobile providers such as Safaricom and Orange Kenya.”
AccessKenya plans to invest KES 600 million this year to connect 250 office complexes in Nairobi and Mombasa to its fibre network. The company will also spend an additional KES 200 million to establish a subsidiary in Uganda next month where it will only target corporate customers.
Kris Senanu, deputy CEO, AccessKenya, stated that: The focus now is on large and corporate deals which offer higher margins.”
Staff Writer
