The US’s blacklisting of Chinese tech giant Huawei could potentially filter through to the Kenyan market due to the high exposure by government and leading telcos to the firm’s equipment, a local investment bank has said.
Standard Investment Bank says in a topical note on Safaricom #ticker:SCOM that the Huawei ban is likely to have an impact on future smartphone sales, and in the long-term would also make network equipment more expensive because it could reduce the number of suppliers in what is already a small pool.
