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Safaricom FY2018
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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Competition is good!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop I do use SafCon as a backup but Faiba4G has saved me 1000s in the few months I have had it. Tuko Pamoja. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop I do use SafCon as a backup but Faiba4G has saved me 1000s in the few months I have had it. Tuko Pamoja. Unholy profits
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:VituVingiSana wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop I do use SafCon as a backup but Faiba4G has saved me 1000s in the few months I have had it. Tuko Pamoja. Unholy profits Data market it seems they are losing mkt share Telkom kenya are working hard on this segment 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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mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop That's the sad bit about Safaricom, from the days they used to charge 8/= per min airtime. Even Mpesa is very expensive only that they haven't got competition strong enough to fight it.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ericsson wrote:obiero wrote:VituVingiSana wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop I do use SafCon as a backup but Faiba4G has saved me 1000s in the few months I have had it. Tuko Pamoja. Unholy profits Data market it seems they are losing mkt share Telkom kenya are working hard on this segment Voice too they are on the backfoot. While on digital money transfer, banks have woken up
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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mulla wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop That's the sad bit about Safaricom, from the days they used to charge 8/= per min airtime. Even Mpesa is very expensive only that they haven't got competition strong enough to fight it. 8/minute? You must be a young kid  I have paid 40/min!!! Every second was important. No idle chit chat. SMS were 10/- each! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:mulla wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop That's the sad bit about Safaricom, from the days they used to charge 8/= per min airtime. Even Mpesa is very expensive only that they haven't got competition strong enough to fight it. 8/minute? You must be a young kid I have paid 40/min!!! Every second was important. No idle chit chat. SMS were 10/- each! Happy Telkom is asking competitive questions
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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VituVingiSana wrote:mulla wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop That's the sad bit about Safaricom, from the days they used to charge 8/= per min airtime. Even Mpesa is very expensive only that they haven't got competition strong enough to fight it. 8/minute? You must be a young kid I have paid 40/min!!! Every second was important. No idle chit chat. SMS were 10/- each! And a 2,000/= sim card in a huge buiscuit can.
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Rank: Member Joined: 1/30/2011 Posts: 207
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whiteowl wrote:VituVingiSana wrote:mulla wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop That's the sad bit about Safaricom, from the days they used to charge 8/= per min airtime. Even Mpesa is very expensive only that they haven't got competition strong enough to fight it. 8/minute? You must be a young kid I have paid 40/min!!! Every second was important. No idle chit chat. SMS were 10/- each! And a 2,000/= sim card in a huge buiscuit can. He he he! And some chaps would use the SIM card 'template' as a key holder depicting 'prestige'...
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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whiteowl wrote:VituVingiSana wrote:mulla wrote:mlennyma wrote:No customer interest at heart,only responds to competition,i left and can't look back until JTL closes shop That's the sad bit about Safaricom, from the days they used to charge 8/= per min airtime. Even Mpesa is very expensive only that they haven't got competition strong enough to fight it. 8/minute? You must be a young kid I have paid 40/min!!! Every second was important. No idle chit chat. SMS were 10/- each! And a 2,000/= sim card in a huge buiscuit can. I recall SIM cards were advertised like phones in the shops. If there was a "fancy" number, it would be sold at a premium!!! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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 said Monday it will not issue telecoms operators such as Safaricom with digital broadcasting licences until ongoing assessment of sector competition is completed.) What is the purpose of these authorities? Impede innovation? https://www.businessdail...65000-x187mm/index.html
"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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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Share price to continue falling I add more and more. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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Toll booths. Rent-seeking. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 1/30/2011 Posts: 207
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote: Toll booths. Rent-seeking. Terrible news for Safaricom. I tried to tell Bob to get ahead of the curve by offering price friendly rates but it was not to be.. Now the government is going for the cash cows https://www.businessdail...766292-q25u7t/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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#KumiraKumira #TanoTena Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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We live, we learn
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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