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Wireless

CA seeks Equity Bank guarantee on thin Sim losses

Wednesday 24 September 2014 | 10:13 CET | News
The Communications Authority of Kenya (CA) has written to Equity Bank to seek an undertaking to compensate mobile subscribers for any losses they may incur during the one-year trial of Equity's thin SIM, putting to test the company's assertion that the technology is safe. In a letter dated 22 September, CA director general Francis Wangusi asked Finserve, Equity Bank's mobile banking services subsidiary, to commit in writing that it would compensate the regulator for any liabilities that may arise from fraudulent use of thethin SIM cards, the Business Daily reported. Safaricom, which owns the

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Categories: Mobile & Wireless
Companies: Airtel / Safaricom / Taisys Technologies
Countries: Kenya
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