ECP invests Sh1.9bn in ?Wananchi ISP
Great news for the Kenyan Tech world as there are signs ?that Kenyan ICT sector is the place to be at the moment. U.S.based private equity group Emerging Capital Partners (ECP) said on Tuesday it had invested Sh1.87 billion in East African telecommunications and media firm Wananchi to expand its network infrastructure.
Zuku
The upgrade will allow Wananchi to compete effectively in digital pay television and high-speed Internet. Currently Wananchi provides broadband with the following packages according to their website:
Prosurf? 256 Kpbs
- This package come with 256Kbps unlimited connection
- 5 Free Mailboxes
- KShs. 2,999 per month
- Installation at KShs. 5,800
- Free WiMax Equipment; bulk & bundle offers apply
Supersurf 512 Kpbs
- 512Kbps unlimited connection
- 10 Free Mailboxes
- KShs. 5,999 per month
- Installation at KShs. 5,800
- Free WiMax Equipment ; bulk & bundle offers apply
Megasurf 1Mpbs
- 1Mbps unlimited connection
- 20 Free Mailboxes
- KShs. 9,999 per month
- Installation at KShs. 5,800
- Free WiMax Equipment; bulk & bundle offers apply
Smesurf 1Mpbs
- 1Mbps unlimited connection
- 30 Free Mailboxes
- Suitable for up to 15 computers
- KShs. 14,999 per month
- Installation at KShs. 5,800
- Free WiMax Equipment; bulk & bundle offers apply
Altech increases stake in KDN
Fast on the heels of Wananchi investment news is the South Afica?s technology group Allied Technologies (Altech). On Tuesday made announcement that it would increase its economic stake in Kenya Data Networks (KDN), to 60.8% from 51%..
KDN
Altech plans to invest $39.5M to build KDN? fibre optic network.? With Seacom already in operation in Kenya and Teams expected to start soon, many will be pleased with the news that KDN fibre network will be expanded.
On top of that Altech said it would invest $7.5M in KDN to build a data centre in Nairobi. The data centre would offer disaster recovery, virtual application hosting, data and application backup, and an ethical hacking centre and data archiving facility to clients in the areas that will be connected by the planned undersea cables.