Close Menu
Innovation Village | Technology, Product Reviews, Business
    Facebook X (Twitter) Instagram
    Friday, May 23
    • About us
      • Authors
    • Contact us
    • Privacy policy
    • Terms of use
    • Advertise
    • Newsletter
    • Post a Job
    • Partners
    Facebook X (Twitter) LinkedIn YouTube WhatsApp
    Innovation Village | Technology, Product Reviews, Business
    • Home
    • Innovation
      • Products
      • Technology
      • Internet of Things
    • Business
      • Agritech
      • Fintech
      • Healthtech
      • Investments
        • Cryptocurrency
      • People
      • Startups
      • Women In Tech
    • Media
      • Entertainment
      • Gaming
    • Reviews
      • Gadgets
      • Apps
      • How To
    • Giveaways
    • Jobs
    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Africa»Telkom Kenya loses 800K subscribers following network tower shutdown by American Towers Corporation

    Telkom Kenya loses 800K subscribers following network tower shutdown by American Towers Corporation

    1
    By Tapiwa Matthew Mutisi on March 13, 2024 Africa, Business, Infrastructure, News, Report, Technology, Telecoms

    Telkom Kenya, the third-largest telecommunications provider in the country, has experienced a significant drop in its subscriber base, losing approximately 800,000 customers in just three months.

    This comes on the heels of the American Towers Corporation (ATC) shutting down its network towers. By December 2023, the number of Telkom’s mobile subscribers had dwindled to 1.3 million.

    Issues began in February 2023 when ATC decommissioned 246 Telkom towers due to unpaid leasing fees. The action exacerbated a dispute between the two companies that had been ongoing for two years leading to that point. By October 2023, Telkom Kenya’s debt had ballooned to a substantial KES 7.1 billion ($51.7 million).

    As reported by Business Daily, ATC requested an initial payment of KES 500 million ($3.6 million) and a subsequent monthly fee of KES 150 million ($1.09 million) for the reactivation of the towers. However, Telkom Kenya cited persistent financial challenges as a hindrance to meeting these debt obligations.

    Prior to 2018, when ATC acquired 723 towers, Telkom Kenya owned and maintained its own towers. At the time of the acquisition, Telkom Kenya stated that the move would “enhance the quality and reliability of our network to benefit our customers.”

    As of June 2023, ATC Kenya operated 3,643 towers across the country, which also include nine distributed antenna system sites.

    UAE firm to Acquire Majority Stake in Telkom Kenya as Nationalization Deal with Helios Is Revoked

    Related

    Africa ATC Business Infrastructure Mobile Network Network Towers subscriber base Technology Telecommunication telecoms Telkom Kenya
    Share. Facebook Twitter Pinterest LinkedIn Email
    Tapiwa Matthew Mutisi
    • Facebook
    • X (Twitter)
    • LinkedIn

    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

    Related Posts

    Meta’s Llama AI Models Hit 1 Billion Downloads—Here’s Why It Matters

    Google Unveils Veo 3 as a Game Changing AI Model for Realistic Video and Audio Generation

    Lagos State Secures $22 Million Investment to Expand Fibre Infrastructure

    1 Comment

    1. Pingback: Telkom Subsidizes Amazon Services for Customers: A Year-Long Promotional Offer - Innovation Village | Technology, Product Reviews, Business

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Copyright ©, 2013-2024 Innovation-Village.com. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.