Using this principle, it is clear that the Kenyan mobile sector has not been as competitive as it should be. Clearly mobile number portability has failed and whoever is maintaining the number portability contract must be enjoying free money. Equity Bank aggressively took to this approach in order to break Safaricom's mobile money dominance. Two years down the road, it is clear that this intervention has also not shaken Safaricom's dominance in the mobile money sector. The answer to breaking Safaricom's dominance and ushering in effective competition lies in opening up its M-Pesa flagship product.

Source: Daily Nation October 04, 2016 10:39 UTC