AccessKenya has earmarked Sh120 million to deploy fibre connections in 2013. The listed IT solutions provider said this is driven by increase in demand for broadband fixed internet subscription especially by corporates.
"We continue to sign up clients onto our fibre network and our expansion is entirely demand - driven. This not only underscores the need for strategic investment in the deployment of fibre technologies, but also signals the maturity of the Kenyan market in internet usage and consumption," said AccessKenya Managing Director Kris Senanu.
AccessKenya have around 11,600 subscribers for fixed/wireless which is about 13.9 Per cent market share. This according to Communications Commission of Kenya statistics as at the end of June.
Competition is heating up for the ISPs to tap the commercial clients with a noted growth in fibre subscriptions of 26.7 per cent over the last year from 22,000 to 50,000 subscriptions.
Its competitor, Safaricom which has around 8 per cent market share last week announced Sh10 billion investment in its fibre networks over the next five years.