Given that bob collymore has indicated the Govt might lose 4-5b in taxes from safaricom this year we can hypothetically conclude safaricoms profit will drop by about 6 billion.

http://bit.ly/bGPN2F

[quote=Much Know]All of that loss in Africa is due to zain kenya.[/quote]

Really? Where did they disclose that?

[quote=Much Know][quote=KulaRaha][quote=Much Know]All of that loss in Africa is due to zain kenya.[/quote]

Really? Where did they disclose that?[/quote]
A small bird disclosed it[/quote]

oh!

I thought since you're such a Safcon diehard, maybe Bob tweeted you with this info...

Oh well, birds are good when roasted..

@KulaRaha good questions, but bear in mind that by Dec 2009, Zain Kenya had the worst subscriber growth (-32%) of entire Zain Africa resulting in an impairment in the financials for the group - full year loss at ~$37m as at that time - Ghana and Nigeria had bigger losses in absolute amounts though

Reuters: Africa margins a worry, Bharti Head of Operations http://af.reuters.com/article/t...OE6A900D20101110?sp=true
"But profits from Africa are very low and they may be garnering market share there at the cost of overall profit turnaround."

Twitter: @alykhansatchu
#Bharti intl ops head said no intention of African Mobile Price War That's after #Safaricom won the initial Kenya Skirmish

Make that #Bharti said they may pre-pay $800-900 million of the Africa acquisition debt


Verdict:
Bharti overall has been losing market share in India, now at 20.8 percent compared to 23.4 percent a year ago.
With concerns on Africa strategy, since this whole Kenya deal may be living on "borrowed time"

Bharti Airtel on harakiri mission drop the rates to impossible make everybody suffer , your competitors your shareholders and your self and let mobile industry die

Almost like the Siakago Cop Kill everybody and make everyone suffer

My warning to mobile subscrivers in kenya , let not the rates drop too much already the calls quality is dropping and you can hardly hear anything in calling TZ Zambia Uganda etc


so watch out