Telkom has announced an investment of Ksh11.1 billion towards the expansion of its 4G network in Kenya. The new financing is expected to facilitate the setup of 2000 additional sites by 2023 trippling its 4G sites from the current 590.

The company has partnered networks and telecommunications company Ericsson and systems integrator NEX XON who will execute the infrastructure development.

The drive makes up part of Telkom’s long-term network expansion strategy announced in August last year which seeks to transform the company into a technology company. Telkom has further identified fibre infrastructure, mobile network and mobile financial services as areas for further investment and growth.

According to the latest data from the Communications Authority of Kenya (CA), Telkom’s share of mobile data subscriptions stood at 4.6 per cent as of the end of June behind both Safaricom and Airtel. This places the estimated number of Telkom’s mobile data subscriptions at an estimated at 2.1 million.

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Radio
WP Radio