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Articles tagged with: Safaricom
Orange Launches Mobile Services in Kenya
France Telecom has launched its Orange brand in Kenya today - replacing the Telkom Kenya, the countryÃ's historical operator, following France TelecomÃ's acquisition of 51% of its capital in December 2007. more
Related Tags: orange, zain, landline, telkom, Kenya
Safaricom Launches HSDPA Service in Kenya
Kenya's largest mobile operator, safaricom has launched a HSDPA upgrade on its network in the coastal city of Mombassa - offering speeds up to 72.Mbps. The company said that it has invested Sh1.8 billion (US$27.5 million) on the network upgrade. more
Related Tags: landline, vodafone-kenya, vodafone-group, hsdpa, Kenya
The Fastest Growing Mobile Operators in Africa/Mid-East
The chart shows the fastest growing businesses in the MEA region over a twelve month view. The list includes nine of the names that feature in the Q1 08 list, with Zain Iraq coming in at Algerie Telecom MobileÃ's expense. The top two places are the same in the year as they are in the quarter, with TCIÃ's 9.12m just shading IrancellÃ's 7.95m. The other really strong performances in the region were spread across five main markets - with Mobily in Saudi Arabia taking third place ahead of two Egyptian companies, three from Nigeria and one each from Iraq and Kenya. more
Related Tags: nawras, mtn, zain, ipo, mobily, orascom, algerie-telecom
Safaricom Shares Surge As Trading Starts in Nairobi
Shares in the massively oversubscribed safaricom floatation soared when trading opened this morning on the Nairobi Stock Exchange. Share were sold to domestic investors at 5 shillings each (with 5.5 shillings for overseas investors) and jumped by 45 percent to reach 7.4 shillings by lunchtime - having at one point reached 8 shillings during the mornings trade. more
Related Tags: ipo, vodafone-kenya, maroc-telecom, vodafone-group, Kenya
Safaricom Reports 16% Jump in Full-Year Profits
Kenya's safaricom has reported a 16 percent jump in full year profits to Sh13.9 billion ($223.7 million) as its declared subscriber base jumped by two-thirds. Pretax profit came in at Sh19.9 billion ($321 million). Sales jumped to Sh61.4 billion, from Sh47.5 billion as subscriber numbers rose by 68 percent to 10.2 million at the end of March 2008. more
Related Tags: sim-card, arpu, vodafone-kenya, vodafone-group, Kenya
Kenya May Require All Mobile Phones to be Registered
Kenya's new government is considering a new law to require all mobile phone subscribers to register their identities with the network operators. The move, proposed in a private members bill by Yatta MP Charles Kilonzo is reported to be in response to threats sent by SMS during the recent post-election violence in the country. more
Related Tags: sim-card, 3, Kenya
Safaricom Floatation Massively Oversubscribed
Preliminary figures from the sale of shares in Kenya's safaricom has pulled in some Sh191 billion (US$3.3 billion) in bids from local and international investors - substantially exceeding the expected Sh50 billion (US$845 million) that government had hoped to raise. more
Related Tags: ipo, vodafone-kenya, maroc-telecom, vodafone-group, Kenya
Kenya's Safaricom Subscriber Base "inflated" by Inactive Users
A close study of the tender document for the privatization of Kenya's safaricom has exposed an oddity in the claimed subscriber numbers. The prospectus says in a footnote on page 53 that at the end of last year, the company had 9.2 million subscribers, consisting of 9.1 million and 113.5 thousand prepaid and postpaid subscribers respectively - compared to 2.1 million for its nearest competitor, Celtel. more
Related Tags: arpu, celtel, vodafone-group, Kenya
East Africa's telecom market has great opportunities for growth
Over 450 telecommunications professionals gathered in Dar es Salaam, Tanzania for the opening of East Africa Com, the region's annual event for the telecommunications industry. The conference started with a keynote presentation from Bashar Arafeh, Celtel International's COO for the East Africa region, who was keen to point out that "East African markets, being currently under market average, hold plenty of room for growth." more
Related Tags: roaming, gsm-association, huawei, mtn, mtn-uganda, hspa, zain, vodacom, celtel, vodacom-tanzania, m-pesa
Mobile Money Transfers to Launch in Tanzania
Some 4.1 million Vodacom customers in Tanzania will soon be able to use their mobile phones to send money home following the expansion of the Vodafone backed, M-PESA service. Vodacom plans to launch the service at the end of this month. more
Related Tags: vodacom, vodacom-tanzania, m-pesa, Tanzania