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SAFARICOM SAYS TO RAISE CALLING RATES BY 1 SHILLING ACROSS TARIFFS ON WEAK SHILLING,
Rank: Veteran Joined: 11/9/2009 Posts: 2,003
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Rates will rise by an average of 1 shilling per minute with effect from tomorrow, Chief Executive Officer Bob Collymore told reporters today in Nairobi. Calls between Safaricom users climb to 4 shillings and calls by subscribers to rival networks rise to 5 shillings, he said. “What we have set out to do is to run a sustainable business,” he said. “We have to charge at a price which makes sense for our customers as well as shareholders.” linkOther unconfirmed news that Orange has an offer of 100bob per month 10am-5pm Seems everything is heading UP while our shilling is heading DOWN!
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Rank: Elder Joined: 2/11/2007 Posts: 1,680 Location: nairobi
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what happens to bamba na BOB?
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Rank: Member Joined: 4/14/2011 Posts: 639
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Gordon Gekko wrote:kinoru wrote:yu here i come You are going nowhere. Given their totally dominant position other players will just follow suit. This cud be safcoms greatest undoing.You dont knw how price sensitive the new generation is.I hope airtel notice ths is the moment they have been waiting for.As for Yu..ALL CHARGES DROPPED!
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Rank: Veteran Joined: 12/3/2010 Posts: 1,141 Location: Londokwe
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I will enjoy the cheapest network while it last .Airtel line to be activated tommorow. If Orange drops 100 per month tariff , I will move to 'all charges dropped' and get a cheap phone for the most called person , my spouse. 2012 is here.Kenya is Ours.Be Part of The Peace Keeping Mission To Protect Our Motherland.Say No To Violence and Tribal Hatred .If you can read this,wewe ni mtu amesoma, usifikirie kama mtu hajaenda shule .Ni Hayo Tu
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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And vile I was used to cheap U.S calls  Oh well... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/7/2010 Posts: 2,148 Location: elderville
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youcan'tstopusnow wrote:And vile I was used to cheap U.S calls Oh well... SUbscribe to Skype and call at next to nothing. He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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Rank: User Joined: 5/3/2011 Posts: 559
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I would say this is not a good sign for a persived "blue chip" company, you'd expect Safaricom to have hedged itself from this exposures!
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Rank: New-farer Joined: 4/4/2011 Posts: 94 Location: Nairobi
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Drunkard wrote:I would say this is not a good sign for a persived "blue chip" company, you'd expect Safaricom to have hedged itself from this exposures! How else?
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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I think thats why the share demand which was building up disappeared,their 1st half is over and i take this action as a profit warning through the back door. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mlennyma wrote:I think thats why the share demand which was building up disappeared,their 1st half is over and i take this action as a profit warning through the back door. On my part I see brilliance! As inflation eases, the tariffs will remain the same  beautiful divergence. BUY! BUY! BUY!
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Rank: User Joined: 5/3/2011 Posts: 559
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mchawi wrote:Drunkard wrote:I would say this is not a good sign for a persived "blue chip" company, you'd expect Safaricom to have hedged itself from this exposures! How else? when you're a company as big as Safaricom and you know well that you pay your bills using a dollar, it is no brainer to know that you need to hedge yourself against exchange rate flatuation, how else? Use derivatives within the currency markets to cap the the loses so that you don't have to pass it to your consumers.
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Rank: Chief Joined: 1/3/2007 Posts: 18,099 Location: Nairobi
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So Airtel charges me 3/- to call SafariCon while SafCon-SafCon = 4/-??? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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And it is the season when safcom subscribers bitch and whine about the tarrif hike and do absolutely nothing about switching networks. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Might be a good idea to go for the postpaid bundles. Kshs 1,000 = 900 on net min+100 offnet min+100 mb+100 on net sms Life is short. Live passionately.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Hunderwear wrote:Gordon Gekko wrote:kinoru wrote:yu here i come You are going nowhere. Given their totally dominant position other players will just follow suit. This cud be safcoms greatest undoing.You dont knw how price sensitive the new generation is.I hope airtel notice ths is the moment they have been waiting for.As for Yu..ALL CHARGES DROPPED! @Hunderwear, Yu has been free and cheap throughout, this price sensitive generation hasnt vuka-ed to them.... any reason why? Yu still has a total of 1.5 sub base, with an active base below 500K. One of the reasons is network coverage(no roll-out of sites), the other is quality issues(poor handovers, poor signal, call-drops, black-spots etc), then club effect thing.... among others. It will not be that easy even for Airtel
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Rank: Member Joined: 4/14/2011 Posts: 639
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Jamani wrote:Hunderwear wrote:Gordon Gekko wrote:kinoru wrote:yu here i come You are going nowhere. Given their totally dominant position other players will just follow suit. This cud be safcoms greatest undoing.You dont knw how price sensitive the new generation is.I hope airtel notice ths is the moment they have been waiting for.As for Yu..ALL CHARGES DROPPED! @Hunderwear, Yu has been free and cheap throughout, this price sensitive generation hasnt vuka-ed to them.... any reason why? Yu still has a total of 1.5 sub base, with an active base below 500K. One of the reasons is network coverage(no roll-out of sites), the other is quality issues(poor handovers, poor signal, call-drops, black-spots etc), then club effect thing.... among others. It will not be that easy even for Airtel Do you notice for the first time its cheaper to cal safcom from Airtel.Hang on a month and hear the statistics
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Rank: Member Joined: 4/21/2011 Posts: 119
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time to move to airtel till they also decide to hike their prices.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Anybody see this math - those that shift to other operators from the green elephant will make the other operators pay more interconnection fees to the elephant since it is cheaper to call from the other operators... Unless elephant loses a huge chunk of its subscribers (say 40%), the tariff hike is a master act! Talk of shifting your costs to your competitor... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Hunderwear wrote:Jamani wrote:Hunderwear wrote:Gordon Gekko wrote:kinoru wrote:yu here i come You are going nowhere. Given their totally dominant position other players will just follow suit. This cud be safcoms greatest undoing.You dont knw how price sensitive the new generation is.I hope airtel notice ths is the moment they have been waiting for.As for Yu..ALL CHARGES DROPPED! @Hunderwear, Yu has been free and cheap throughout, this price sensitive generation hasnt vuka-ed to them.... any reason why? Yu still has a total of 1.5 sub base, with an active base below 500K. One of the reasons is network coverage(no roll-out of sites), the other is quality issues(poor handovers, poor signal, call-drops, black-spots etc), then club effect thing.... among others. It will not be that easy even for Airtel Do you notice for the first time its cheaper to cal safcom from Airtel.Hang on a month and hear the statistics Yes I do notice it is cheaper to call Safcom from Airtel but who benefits out of it? ......... Read post 39 by Hisah........ interconnection fees... it ends up working for safcom
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SAFARICOM SAYS TO RAISE CALLING RATES BY 1 SHILLING ACROSS TARIFFS ON WEAK SHILLING,
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