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Safaricom 2019/2020
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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winmak wrote:Ericsson wrote:Ericsson wrote:Safaricom eyes big score with 5G network launch
Safaricom will this year launch Kenya’s first fifth-generation (5G) mobile internet services targeting major urban centres making it the first in the region.
https://www.businessdail...53976-84hqeqz/index.html
This was a hype to prop up the share price.
Who was exiting?
Not sure but it has been trading heavy volumes this week Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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https://www.businessdail...459832-rculv0/index.html
Safaricom has opened talks with undisclosed investors to form a consortium that will this year bid for one of two Ethiopian telecoms licences due to the high entry costs that are likely to breach the Sh100 billion mark.
The Nairobi Securities Exchange-listed firm said it was racing to assemble the group of investors ahead of its Ethiopia bid, which is expected in April.
“We have not made any decisions (source of funding) yet as the constitution of the consortium has not been finalised,” acting Safaricom CEO Michael Joseph told the Business Daily in an interview on Monday. “It’s a consortium because it’s a big investment. I cannot provide names”. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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Safaricom Likely to Borrow to Fund Ethiopia
Safaricom CEO says unlike Kenya, where Safaricom’s business became profitable within three and a half years, Ethiopia will probably be a ten year journey -- Bloomberg Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
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Ericsson wrote:Safaricom Likely to Borrow to Fund Ethiopia
Safaricom CEO says unlike Kenya, where Safaricom’s business became profitable within three and a half years, Ethiopia will probably be a ten year journey -- Bloomberg Huge potential. Huge payday if they get it right. The initial costs may be due to initial investments to cover the country.
Safaricom reaped us off in the early days. In Ethiopia, they will probably face competition from others.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:Safaricom Likely to Borrow to Fund Ethiopia
Safaricom CEO says unlike Kenya, where Safaricom’s business became profitable within three and a half years, Ethiopia will probably be a ten year journey -- Bloomberg Huge potential. Huge payday if they get it right. The initial costs may be due to initial investments to cover the country.
Safaricom reaped us off in the early days. In Ethiopia, they will probably face competition from others.
Special dividend over Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:Safaricom Likely to Borrow to Fund Ethiopia
Safaricom CEO says unlike Kenya, where Safaricom’s business became profitable within three and a half years, Ethiopia will probably be a ten year journey -- Bloomberg Huge potential. Huge payday if they get it right. The initial costs may be due to initial investments to cover the country.
Safaricom reaped us off in the early days. In Ethiopia, they will probably face competition from others.
The borrowings will have an effect on the dividend policy/payout. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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Safaricom has unveiled revamped PostPay plans that will offer customers bundled voice, data and SMS with no-expiry. The new plans will be available on a 30-day basis with any unused resources rolling over to the next month.
Customers on the new post pay will be able to make local calls across all networks and international calls to India, the United States, China and Canada.
Here are the new #KaribuPostPay plans:
Ksh. 1000 gets you 5GB and 400 minutes as well as unlimited SMS
2K 18GB, 1000 minutes
3K 25GB and 1500 minutes
5K unlimited data and 2500 minutes
10K unlimited data and voice data.
The Minutes are to all networks. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 6/15/2013 Posts: 301
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Ericsson wrote:Safaricom has unveiled revamped PostPay plans that will offer customers bundled voice, data and SMS with no-expiry. The new plans will be available on a 30-day basis with any unused resources rolling over to the next month.
Customers on the new post pay will be able to make local calls across all networks and international calls to India, the United States, China and Canada.
Here are the new #KaribuPostPay plans:
Ksh. 1000 gets you 5GB and 400 minutes as well as unlimited SMS
2K 18GB, 1000 minutes
3K 25GB and 1500 minutes
5K unlimited data and 2500 minutes
10K unlimited data and voice data.
The Minutes are to all networks.
That's a very welcome initiative to swap minutes for bundles. Many of us have so many post pay minutes you are left wandering how you will ever exhaust them yet they keep on increasing....
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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mulla wrote:Ericsson wrote:Safaricom has unveiled revamped PostPay plans that will offer customers bundled voice, data and SMS with no-expiry. The new plans will be available on a 30-day basis with any unused resources rolling over to the next month.
Customers on the new post pay will be able to make local calls across all networks and international calls to India, the United States, China and Canada.
Here are the new #KaribuPostPay plans:
Ksh. 1000 gets you 5GB and 400 minutes as well as unlimited SMS
2K 18GB, 1000 minutes
3K 25GB and 1500 minutes
5K unlimited data and 2500 minutes
10K unlimited data and voice data.
The Minutes are to all networks.
That's a very welcome initiative to swap minutes for bundles. Many of us have so many post pay minutes you are left wandering how you will ever exhaust them yet they keep on increasing....
Why are postpay rates way better than prepaid rates? 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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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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Angelica _ann wrote:mulla wrote:Ericsson wrote:Safaricom has unveiled revamped PostPay plans that will offer customers bundled voice, data and SMS with no-expiry. The new plans will be available on a 30-day basis with any unused resources rolling over to the next month.
Customers on the new post pay will be able to make local calls across all networks and international calls to India, the United States, China and Canada.
Here are the new #KaribuPostPay plans:
Ksh. 1000 gets you 5GB and 400 minutes as well as unlimited SMS
2K 18GB, 1000 minutes
3K 25GB and 1500 minutes
5K unlimited data and 2500 minutes
10K unlimited data and voice data.
The Minutes are to all networks.
That's a very welcome initiative to swap minutes for bundles. Many of us have so many post pay minutes you are left wandering how you will ever exhaust them yet they keep on increasing....
Why are postpay rates way better than prepaid rates?
Because of volume and guaranteed revenue to the company. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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