What are you talking about @Metch? Just in Sep 2017, Mawingu was in 5th place while Safaricom was still in 2nd place then. Since then, Mawingu has added +16,622 subscriptions to Safaricom's +8,252.


@VVS appears to be commercial in nature with a digital inclusion agenda, perhaps at early funding stage. But heck, Equity Bank could have been described with similar terms at its inception.
http://www.mawingunetworks.com/faq.html

Hiyo ilikuwa tu Musheneeee!!

The rally that was there from the beginning of the year factored the results.
The current P/E at 28.50 is about 20.

The rally will come, just give it a week or two.
Most of the cash from dividend chasers and profit takers from the bank stocks will need to find a place to relax and safcom will be a top choice.

Very odd expectation from @mlennyma.. Only mpesa floats the Safaricom boat in terms of percentage increase y-on-y, and with recent happenings in the industry, if their voice and data lines are heavily attritioned, Safaricom may start to loose the spring in its step, albeit slowly

Honestly the super 55B profits are out of their exploitative charges. I use ZUKU at my work place over 20 comps with Hispeed cable internet wifi in the entire compound ZUKU TV and a zuku telephone which we dont use charges Ksh 6,000.

I doubt if Safaricom can match that price

Banks are heavily targeting the mobile settlements space via own paybills and soon your bank shall have direct bill settlement straight to the Faiba bank account hence bypassing mpesa altogether. Equitel is already on this, but Safaricom presence is simply too wide for any company to overhaul in a huff. Not even Telkom will challenge the market share percentages, but days of astronomical P&L growth are coming to a halt for Safaricom

Ati only mpesa what? come on obiero. By the way the days safcom used to have mad rallies are gone. By this time next year the new normal will be about 40/-

Those mentioning Equitel and faiba need to look at the numbers posted by the communication authority.

Me thinks Mpesa settlements and payment modes and visa/mastercard like convenience is the key here. Not mere payments to and from account to account. This area is where the game is and here Safaricom is way ahead of even Equitel. Look at their attempt at ecommerce payment via ebay, Amazon, playstore......