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Safaricom HY17
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Angelica _ann
#91 Posted : Tuesday, April 25, 2017 8:43:37 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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murchr
#92 Posted : Tuesday, April 25, 2017 8:45:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Angelica _ann
#93 Posted : Tuesday, April 25, 2017 8:48:59 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue



Thanks, now i understand. Lost revenue vs fixed costs etc Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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ARAP CHARLES
#94 Posted : Tuesday, April 25, 2017 9:39:23 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING
Watch and Listen and Live
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  | | Edit by user: Tuesday, April 25, 2017 9:43 PM | Reason: Not specified
ARAP CHARLES
#95 Posted : Tuesday, April 25, 2017 9:47:03 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
ARAP CHARLES wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING


KESHO THERE WILL BE HISTORIC TRANSFER OF MONEY VIA MPESA... MY GUT FEELINGS..

Dear Customer, thank you for choosing Safaricom. In appreciation, sending money with M-PESA will be free tomorrow 26-04-2017 starting 12:00am to 11:59pm.
Watch and Listen and Live
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  | | Edit by user: Tuesday, April 25, 2017 9:52 PM | Reason: Not specified
obiero
#96 Posted : Tuesday, April 25, 2017 11:49:12 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,222
Location: nairobi
ARAP CHARLES wrote:
ARAP CHARLES wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING


KESHO THERE WILL BE HISTORIC TRANSFER OF MONEY VIA MPESA... MY GUT FEELINGS..

Dear Customer, thank you for choosing Safaricom. In appreciation, sending money with M-PESA will be free tomorrow 26-04-2017 starting 12:00am to 11:59pm.

Hehe. Kenyans will crash this thing again! Sema volumes

KQ ABP 4.26
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Shak
#97 Posted : Wednesday, April 26, 2017 7:41:57 AM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
obiero wrote:
ARAP CHARLES wrote:
ARAP CHARLES wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


REMEMBER.. Meaning today they have made over 2.6billion and tomorrow 2.6billion.........the rest is history they ain't losing anything.. and still tomorrow they are giving back to by sending money via mpesa absolutely free the all day... this thing is KING


KESHO THERE WILL BE HISTORIC TRANSFER OF MONEY VIA MPESA... MY GUT FEELINGS..

Dear Customer, thank you for choosing Safaricom. In appreciation, sending money with M-PESA will be free tomorrow 26-04-2017 starting 12:00am to 11:59pm.

Hehe. Kenyans will crash this thing again! Sema volumes

Will withdrawing be free as well? What about paybill transaction charges?
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quicksand
#98 Posted : Wednesday, April 26, 2017 9:36:28 AM
Rank: Veteran

Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue


Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible.
This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely?
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  | | Edit by user: Wednesday, April 26, 2017 9:38 AM | Reason: Not specified
ARAP CHARLES
#99 Posted : Wednesday, April 26, 2017 12:50:47 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
quicksand wrote:
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue


Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible.
This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely?

True,
It is not clear whether the parties involved will later sort safaricom for its platform(in commissions)
Watch and Listen and Live
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Flo-ology
#100 Posted : Wednesday, April 26, 2017 4:50:58 PM
Rank: Member

Joined: 12/17/2016
Posts: 225
ARAP CHARLES wrote:
quicksand wrote:
murchr wrote:
Angelica _ann wrote:
Ericsson wrote:
Safaricom is estimated to have lost sh.2.6bn during yesterday's outage.


Lost how?


The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue


Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible.
This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely?

True,
It is not clear whether the parties involved will later sort safaricom for its platform(in commissions)


Which parties involved? The only parties involved is Safaricom and sender. Note that this applies to MPESA transfers/sending to a registered MPESA user. Doesn't apply to pay bill etc
Reflection Eternal
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