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Future of Safaricom - break up due to dominance!
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FRM2011
#91 Posted : Friday, February 24, 2017 10:07:26 AM
Rank: Elder

Joined: 11/5/2010
Posts: 2,459

Sometimes you hear things that almost bring tears to your eyes.

Safaricom is big ?? Compared to who ? The dinosaurs at Airtel and orange ?

In Africa, safcom is nowhere near the telcos in the big boys club. MTN, Glomobile, Orascom....

I think Kenyans have become so accustomed to mediocrity that a thriving business is seen as abnormal and needs to be brought down.
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2012
#92 Posted : Friday, February 24, 2017 10:08:50 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
watesh wrote:
The report is back....i think they want to cripple Safaricom and have another company take a huge chunk of the market share.
They recommend Mpesa to be a different company by just having different offices and staff. This increases the costs of business. I dont even see the importance of this.

http://www.businessdaily...4418-rhmnfdz/index.html


I don't understand. These are two different services but interlinked. The other mobile operators offer the same services but customers choose not to go with them. Even the mobile number migration failed to weaken them. I think this is unfair unless if the reason is security and regulation.

BBI will solve it :)
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VituVingiSana
#93 Posted : Friday, February 24, 2017 10:23:51 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
Punishing Safaricom for building M-Pesa into a giant is silly. They all started from the same premise/level but one innovated. #ThisIsKenya
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Shak
#94 Posted : Friday, February 24, 2017 12:13:07 PM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
VituVingiSana wrote:
Punishing Safaricom for building M-Pesa into a giant is silly. They all started from the same premise/level but one innovated. #ThisIsKenya

How is this likely to affect the share price?
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Shak
#95 Posted : Saturday, February 25, 2017 5:15:20 PM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
Shak wrote:
VituVingiSana wrote:
Punishing Safaricom for building M-Pesa into a giant is silly. They all started from the same premise/level but one innovated. #ThisIsKenya

How is this likely to affect the share price?

CS Mucheru says government is opposed to the splitting of Safaricom. Thank goodness
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obiero
#96 Posted : Saturday, February 25, 2017 5:29:50 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
Shak wrote:
Shak wrote:
VituVingiSana wrote:
Punishing Safaricom for building M-Pesa into a giant is silly. They all started from the same premise/level but one innovated. #ThisIsKenya

How is this likely to affect the share price?

CS Mucheru says government is opposed to the splitting of Safaricom. Thank goodness

Same thing happened with Governor on the interest rates
COOP, IMH, KEGN, KQ, MTNU
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Ericsson
#97 Posted : Saturday, February 25, 2017 5:47:22 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
obiero wrote:
Shak wrote:
Shak wrote:
VituVingiSana wrote:
Punishing Safaricom for building M-Pesa into a giant is silly. They all started from the same premise/level but one innovated. #ThisIsKenya

How is this likely to affect the share price?

CS Mucheru says government is opposed to the splitting of Safaricom. Thank goodness

Same thing happened with Governor on the interest rates


Obiero acha uwongo
The governor said CBK he didn't say government
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#98 Posted : Monday, February 27, 2017 2:51:21 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
what is scaring the elephant?
"Don't let the fear of losing be greater than the excitement of winning."
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wukan
#99 Posted : Monday, February 27, 2017 3:09:19 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,658
mlennyma wrote:
what is scaring the elephant?


Quote:
Safaricom chief executive Bob Collymore, who is typically reticent in his public comments, said this: "It sends a really worrying message to international investors in investing in the country ... It would imply that this is no longer a safe place."

This comment was made in response to the leak of a report commissioned by Kenya's telecoms regulator which allegedly recommends breaking Safaricom up into separate telecoms and financial services businesses because the firm is too dominant. Safaricom has 26 million subscribers, and of course its innovative M-Pesa mobile money platform.

"It's a malicious act to leak such a damaging report without first consulting or at least sharing it with us," Collymore told Reuters.

http://www.the-star.co.k...obal-investors_c1514043


The next wave down will be devastating Pray Pray Pray
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Spikes
#100 Posted : Monday, February 27, 2017 3:12:49 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
wukan wrote:
mlennyma wrote:
what is scaring the elephant?


Quote:
Safaricom chief executive Bob Collymore, who is typically reticent in his public comments, said this: "It sends a really worrying message to international investors in investing in the country ... It would imply that this is no longer a safe place."

This comment was made in response to the leak of a report commissioned by Kenya's telecoms regulator which allegedly recommends breaking Safaricom up into separate telecoms and financial services businesses because the firm is too dominant. Safaricom has 26 million subscribers, and of course its innovative M-Pesa mobile money platform.

"It's a malicious act to leak such a damaging report without first consulting or at least sharing it with us," Collymore told Reuters.

http://www.the-star.co.k...obal-investors_c1514043


The next wave down will be devastating Pray Pray Pray

This stock is the most overcrowded with investors who don't take chances ....Wait and see the meltdown pressure south.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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