Equitel has today announced the launch of its groundbreaking 5G services, making it the first successful MVNO in Africa to offer this advanced technology. This historic move, made possible through a partnership with Airtel Kenya, positions Equitel as a leader in the mobile telecommunications landscape. Finserve, the fintech subsidiary of Equity Bank, operates Equitel and demonstrates continued innovation with this 5G launch. The enhanced connectivity is poised to transform Kenya’s digital landscape, empowering individuals and businesses alike.
What are MVNOs?
MVNOs, or mobile virtual network operators, are companies that provide mobile phone services without owning their own wireless networks. Instead, they lease network access from a mobile network operator (MNO) such as Airtel or Safaricom. This allows MVNOs to offer competitive rates and flexible plans to customers.
MVNOs typically purchase wholesale network access from MNOs at a discounted rate. They then mark up the price and sell it to their own customers. MVNOs can offer a variety of services, including voice, data, and text messaging. They can also create their own unique plans and bundles to attract customers.
The importance of Equitel’s 5G launch
The launch of Equitel’s 5G services is a major milestone for Kenya’s mobile telecommunications industry. It will bring faster and more reliable connectivity to businesses, communities, and individuals. This will have a positive impact on Kenya’s economy, as it will enable businesses to be more productive and competitive. It will also improve the quality of life for Kenyans, as they will be able to access more online services and resources.
Equitel’s 5G service is initially available in over 370 locations across Kenya, including major towns like Mombasa, Nakuru, Nairobi, Athi River, Kisumu, Kakamega, Siaya, Eldoret, and Bungoma. The company, in collaboration with its partner network, plans to expand 5G coverage to densely populated residential neighborhoods, shopping centers, and central business districts soon.
Equitel’s 5G plans and pricing
Equitel is offering a variety of 5G plans to customers. The most affordable plan starts at KES 1,000 per month for 10GB of data. Equitel is also offering a 100% bonus on data bundles every Wednesday and Friday.
To enjoy Equitel 5G services, customers need to have a 5G capable device supported by a 4G-LTE SIM card. If a customer is still using a 3G SIM card, they can visit their nearest Equity branch to upgrade to a 4G-LTE SIM card.
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