[kictanet] Equity Given Go Ahead by CAK

Wed Sep 24 13:54:17 EAT 2014

The tables have turned again:

*House team halts Equity Bank's thin-SIM rollout*

The National Assembly's Energy and ICT Committee has asked the
Communications Authority (CA) to halt Equity Bank thin-SIM card rollout
until it is satisfied of the security of the technology.

http://www.nation.co.ke/news/politics/House-team-halts-Equity-Bank-thin-SIM-rollout/-/1064/2463762/-/2srp37/-/index.html

Victor Kapiyo, LL.B

====================================================
*"Your attitude, not your aptitude, will determine your altitude" Zig
Ziglar*

On 22 September 2014 18:49, Martin Gicheru via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> Safaricom does not necessarily agree to the move but will cooperate while
> it still needs to.
>
> "We are particularly encouraged that CA has commenced the process of
> hiring an independent and reputable international firm to conduct a
> security audit on all SIM cards, and in particular the use of the SIM
> overlay technology in mobile money transfer services. We therefore implore
> the CA to fast track the security review and to publish the guidelines in
> the interests of protecting consumers and financial institutions who will
> remain vulnerable to the potential risks created by the 'man-in-the-middle
> attack'. "
>
> http://techmoran.com/safaricom-remains-adamant-thin-sim-vulnerabilities/
>
> On Mon, Sep 22, 2014 at 6:36 PM, Bernard Kioko via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>> Change is the only permanent thing!
>>
>> -----Original Message-----
>> From: kictanet
>> [mailto:kictanet-bounces+bkioko=bernsoft.com at lists.kictanet.or.ke] On
>> Behalf
>> Of Walubengo J via kictanet
>> Sent: Monday, September 22, 2014 6:30 PM
>> To: bkioko at bernsoft.com
>> Subject: Re: [kictanet] Equity Given Go Ahead by CAK
>>
>> @Charles,
>>
>> Interesting views.  I dont speak for Equity - and am not even a MEMBER
>> (their customer).  However, they have the following going for them.
>>
>> 1) they do have their OWN SIM card targetting their 8m banking customers.
>> They can actually make money out their core group of customers using their
>> mobile virtual network (riding on Airtel telco infrastructure i believe).
>> 2) the thin-SIM technology is just a nice option for their 8m customers
>> AND
>> the 20+million Safaricom customers.
>> 3) indeed Safcom can play dirty but I am sure they wont because (a) they
>> can
>> take on Equity challenge and (b) the regulator seems more ready than ever
>> to
>> pounce on them (recall regulator has been "looking" for them over quality
>> issues  :-).
>>
>> Remember, this looks like a mobile money battle, but the real deal is the
>> collateral damage it is likely to cause in the voice market because once a
>> Safaricom customer mounts the thin SIM Card and discovers that they can
>> make
>> cheaper calls/sms with it without losing their MPESA functionality...they
>> will actually be having their cake (MPESA) while eating it (making Cheaper
>> calls on the Equity Mobile virtual network).
>>
>> Essentially, Equity is breaking a small gap into the Safaricom defensive
>> wall(MPESA) and once in, even the data-market may eventually be free for
>> all
>> i.e. #checkmate.
>>
>> walu.
>>
>> --------------------------------------------
>> On Mon, 9/22/14, Charles Kimani via kictanet <
>> kictanet at lists.kictanet.or.ke>
>> wrote:
>>
>>  Subject: Re: [kictanet] Equity Given Go Ahead by CAK
>>  To: jwalu at yahoo.com
>>  Date: Monday, September 22, 2014, 4:44 PM
>>
>>  I
>>  think the thin sim strategy is brilliant...in  theory.
>>  However, I am also
>>  wondering just how wise it is to place the success of your  business
>> model
>> at the mercy of a hostile, powerful and  uncooperative business rival.
>> What
>> if - 6 months after launch, for  example - Safaricom decide to upgrade all
>> their sim cards  (genuinely or otherwise) just when Equity is in the
>> middle
>> of a critical (probably expensive) product  rollout?  What if  Safaricom
>> customer service and dealer/retail channels start  advising subscribers
>> who
>> are having issues with their lines  that the thin sim is the cause of
>> their
>> problems and show  them how to remove it?
>>  How will Equity map their processes
>>  and logistics with the Safaricom SIM replacement processes?
>>  Will Equity subscribers need to remember to make an extra  stop at an
>> Equity outlet to have their thin sim re-attached  once they do a sim swap?
>> How easy is it to attach these thin  sims?
>>  We have
>>  previously seen smart sabotage tactics bring down SAB Miller  ambitions
>> in
>> the Kenyan market. Equity - in my opinion - is  giving too much firepower
>> to
>> a determined competitor. It  might be cheaper in the long run to just
>> invest
>> in own SIM  and take Safaricom head-on.
>>  Regards,Charles
>>  On Mon, Sep 22, 2014 at
>>  4:18 PM, Dennis Kioko via kictanet <kictanet at lists.kictanet.or.ke>
>>  wrote:
>>  Meanwhile, I did get the Equitel SIM Card  (haven't seen the infamous
>> Thin
>> SIM). So far, here's  my experience with the
>> same.
>> http://www.infotake.co.ke/2014/09/how-does-equity-banks-equitel-work.h
>> tml
>> <http://www.infotake.co.ke/2014/09/how-does-equity-banks-equitel-work.html>
>>  On 22 September 2014 16:11, Barrack
>>  Otieno via kictanet <kictanet at lists.kictanet.or.ke>
>>  wrote:
>>  Sometimes
>>  diversification leads to loss of focus. Interesting  discussions but let
>> us
>> see if this scenario will change some  of this Principles that have
>> evolved
>> over time.
>>
>>  Best Regards
>>
>>  On Mon, Sep 22,
>>  2014 at 3:56 PM, Bernard Kioko via kictanet <
>> kictanet at lists.kictanet.or.ke>
>>  wrote:
>>  I have noted media reports
>>  indicating Equity has been granted go-ahead by CAK to  operate with
>> Thin-Sim cards. Game changing I  suppose.
>>
>>
>>
>>
>>
>>
>>
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> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
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> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
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