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Telkom Kenya will have to wait a little longer to be granted operating license by the Central Bank of Kenya (CBK) in order to begin mobile financial services.
The firm however, expressed confidence Wednesday of being granted approval by the regulator to launch its much-awaited mobile money transfer platform.
The firm’s Chief marketing officer, Levi Nyakundi said the company will make announcement ‘in the coming days or weeks.’
“Our goal remains to continually grow these numbers and drive usage by consistently delivering real value to our subscribers, as well as through sustained investment in infrastructure to deliver the best network quality,” he said on when the company launched a promotional campaign seeking to reward its subscribers as part of activities the telco’s target in attaining 4 million subscribers by end of March.
To date, the operator has 3.8million subscribers under its belt since the re branding in July last year, with the campaign hoped to boost those numbers, even as it embarks on the second phase of its expansion drive that will focus on modernization and expansion of its 3G and 4G networks.
“Last year saw us complete the first phase of our National backbone and metropolitan transmission network and invest Sh5 billion towards network modernization leading to the launch of our 4G network, which is currently available in 32 towns and urban centres across the country,” said Mr. Nyakundi.