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20 Pages«<17181920>
Safaricom 2019/2020
Ericsson
#361 Posted : Saturday, June 27, 2020 12:08:31 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
Ethiopia receives 12 bids for two telco licences -regulator

Ethiopia’s communications regulator said on Friday it received twelve bids for the two telecom licences it plans to award to multinational mobile companies, breaking the state monopoly.

Nine bidders are telecom operators and two non-telecom operators, and one submission was incomplete, the regulator said.

Bidders include Etisalat, Axian, MTN, Orange, Saudi Telecom Company, Telkom SA, Liquid Telecom, Snail Mobile and Global Partnership for Ethiopia, a consortium of telecom operators made of Vodafone, Vodacom, and Safaricom. The two non-telecom operators are Kandu Global Telecommunications and Electromecha International Projects.

The issuing of licences will open up one of the world’s last major closed telecoms markets in the country of around 110 million.

The Ethiopian Communications Authority said the licenses will be awarded through a “competitive bidding process,” but did not clarify a deadline for it.

“This is the initial stage. We will soon have...the second stage,” said Balch Reba, director-general of the Ethiopian Communication Authority.

https://www.reuters.com/...-regulator-idUSL8N2E332X
Ericsson
#362 Posted : Saturday, June 27, 2020 12:13:24 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
Safaricom, Vodacom and Vodafone form partnership to bid for service telecommunication licenses in Ethiopia

Safaricom, Vodacom and Vodafone have formed Global Partnership for Ethiopia to bid to two of the new full-service telecommunication licenses in Ethiopia.

Global Partnership for Ethiopia will be looking to expand its global footprint with an appetite for the over 100 million Ethiopians even as the government liberalizes the economy.

The International Finance Corporation is acting as adviser.

https://www.dhahabu.co.k...on-licenses-in-ethiopia/
tinker
#363 Posted : Saturday, June 27, 2020 4:58:19 PM
Rank: Member


Joined: 11/15/2010
Posts: 413
Location: Nairobi
[quote=Ericsson]Safaricom, Vodacom and Vodafone form partnership to bid for service telecommunication licenses in Ethiopia

Safaricom, Vodacom and Vodafone have formed Global Partnership for Ethiopia to bid to two of the new full-service telecommunication licenses in Ethiopia.

Global Partnership for Ethiopia will be looking to expand its global footprint with an appetite for the over 100 million Ethiopians even as the government liberalizes the economy.

The International Finance Corporation is acting as adviser.

https://www.dhahabu.co.k...n-licenses-in-ethiopia/[/quote]

Habesh abhors being called or related to Africans.
Their heart and loyalty belongs elsewhere.
Besides, there is that unspoken 'sibling rivalry' with Kenya and anything Kenyan. Let's wait and see.

....He who began a good work in you will carry it on to completion..
Ericsson
#364 Posted : Sunday, June 28, 2020 6:12:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
tinker wrote:
[quote=Ericsson]Safaricom, Vodacom and Vodafone form partnership to bid for service telecommunication licenses in Ethiopia

Safaricom, Vodacom and Vodafone have formed Global Partnership for Ethiopia to bid to two of the new full-service telecommunication licenses in Ethiopia.

Global Partnership for Ethiopia will be looking to expand its global footprint with an appetite for the over 100 million Ethiopians even as the government liberalizes the economy.

The International Finance Corporation is acting as adviser.

https://www.dhahabu.co.k...n-licenses-in-ethiopia/[/quote]

Habesh abhors being called or related to Africans.
Their heart and loyalty belongs elsewhere.
Besides, there is that unspoken 'sibling rivalry' with Kenya and anything Kenyan. Let's wait and see.



KENGEN has been welcomed with open hands
babashuge
#365 Posted : Sunday, June 28, 2020 7:26:44 AM
Rank: New-farer


Joined: 1/4/2019
Posts: 47
Location: Nairobi
tinker wrote:
[quote=Ericsson]Safaricom, Vodacom and Vodafone form partnership to bid for service telecommunication licenses in Ethiopia

Safaricom, Vodacom and Vodafone have formed Global Partnership for Ethiopia to bid to two of the new full-service telecommunication licenses in Ethiopia.

Global Partnership for Ethiopia will be looking to expand its global footprint with an appetite for the over 100 million Ethiopians even as the government liberalizes the economy.

The International Finance Corporation is acting as adviser.

https://www.dhahabu.co.k...n-licenses-in-ethiopia/[/quote]

Habesh abhors being called or related to Africans.
Their heart and loyalty belongs elsewhere.
Besides, there is that unspoken 'sibling rivalry' with Kenya and anything Kenyan. Let's wait and see.



Millenials and gen Z are taking over now, wifi and insta likes are more important than traditional loyalties
VituVingiSana
#366 Posted : Sunday, June 28, 2020 7:30:15 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,171
Location: Nairobi
Ericsson wrote:
tinker wrote:
[quote=Ericsson]Safaricom, Vodacom and Vodafone form partnership to bid for service telecommunication licenses in Ethiopia

Safaricom, Vodacom and Vodafone have formed Global Partnership for Ethiopia to bid to two of the new full-service telecommunication licenses in Ethiopia.

Global Partnership for Ethiopia will be looking to expand its global footprint with an appetite for the over 100 million Ethiopians even as the government liberalizes the economy.

The International Finance Corporation is acting as adviser.

https://www.dhahabu.co.k...n-licenses-in-ethiopia/[/quote]

Habesh abhors being called or related to Africans.
Their heart and loyalty belongs elsewhere.
Besides, there is that unspoken 'sibling rivalry' with Kenya and anything Kenyan. Let's wait and see.



KENGEN has been welcomed with open hands
To drill wells, not own anything.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#367 Posted : Sunday, June 28, 2020 7:32:27 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
babashuge wrote:
tinker wrote:
[quote=Ericsson]Safaricom, Vodacom and Vodafone form partnership to bid for service telecommunication licenses in Ethiopia

Safaricom, Vodacom and Vodafone have formed Global Partnership for Ethiopia to bid to two of the new full-service telecommunication licenses in Ethiopia.

Global Partnership for Ethiopia will be looking to expand its global footprint with an appetite for the over 100 million Ethiopians even as the government liberalizes the economy.

The International Finance Corporation is acting as adviser.

https://www.dhahabu.co.k...n-licenses-in-ethiopia/[/quote]

Habesh abhors being called or related to Africans.
Their heart and loyalty belongs elsewhere.
Besides, there is that unspoken 'sibling rivalry' with Kenya and anything Kenyan. Let's wait and see.



Millenials and gen Z are taking over now, wifi and insta likes are more important than traditional loyalties


Correct,Abiy Ahmed is changing Ethiopia
Ericsson
#368 Posted : Sunday, June 28, 2020 7:34:07 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
tinker wrote:
[quote=Ericsson]Safaricom, Vodacom and Vodafone form partnership to bid for service telecommunication licenses in Ethiopia

Safaricom, Vodacom and Vodafone have formed Global Partnership for Ethiopia to bid to two of the new full-service telecommunication licenses in Ethiopia.

Global Partnership for Ethiopia will be looking to expand its global footprint with an appetite for the over 100 million Ethiopians even as the government liberalizes the economy.

The International Finance Corporation is acting as adviser.

https://www.dhahabu.co.k...n-licenses-in-ethiopia/[/quote]

Habesh abhors being called or related to Africans.
Their heart and loyalty belongs elsewhere.
Besides, there is that unspoken 'sibling rivalry' with Kenya and anything Kenyan. Let's wait and see.



KENGEN has been welcomed with open hands
To drill wells, not own anything.

Ethiopia is changing and opening up.
Ericsson
#369 Posted : Thursday, July 02, 2020 9:15:46 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
Safaricom to absorb Vodacom business kenya
Ericsson
#370 Posted : Sunday, July 05, 2020 9:57:40 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
Safaricom is promising to retain its annual capital spending in rolling out new products and services to address evolving needs of society. This as it aims to build on its Ksh73.66 billion net profit.

The telco is preparing for its virtual annual general meeting (AGM) on July 31, when shareholders will get an opportunity to know the plans for the current financial year.
The telco has been automating internal and customer-facing operations and enhancing use of artificial intelligence, all which Mr Ndegwa will be taking to the next level.

Safaricom has been consistently growing profits for the last eight years, with the net earnings having grown nearly six times when compared with Sh12.63 billion profit in 2012.

The company’s capital expenditure has been averaging Sh36 billion to Sh40 billion, giving room for the company to roll out new products to deliver fresh revenue streams and retain an edge over its competitors.
Safaricom will be seeking to amend its articles of association to allow for electronic AGM or a hybrid of electronic and physical meetings going forward.

This will eliminate the need for getting a special window to hold virtual meetings if it opts to. The current company Act does not have a clause on virtual meetings. Listed firms have to seek a special window for such meetings.

Shareholders will use the meeting to approve a final dividend of Sh1.40 per share, up from Sh1.25 per share paid in the previous year. The pay-out will amount to Sh56.09 billion, and will be disbursed by end of August.

“The board is committed to investing in the business and maintaining our strong record of paying progressive dividends each year,” states outgoing CEO Michael Joseph.
Mr Joseph handed the management reins to Mr Ndegwa in April, having launched a new customer proposition – “For You” – that promises “simple, transparent and honest” service.

He reckons that the proposition has already delivered improved customer sentiment, greater brand consideration and a gain in market share for the first time since 2017.

https://www.businessdail...87032-dxq0wrz/index.html
Ericsson
#371 Posted : Monday, July 06, 2020 3:13:38 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
https://www.businessdail...88364-wogrbp/index.html

The amount of cash sent by Kenyans on mobile platforms over the past five months to May fell by Sh36.77 billion compared to similar period last year, official data shows, a rare drop that reflects the financial hardship faced by households and businesses due to the Covid-19 pandemic.

Data from the Central Bank of Kenya (CBK) shows that Kenyans sent Sh1.752 trillion through their mobile wallets in the five months to May, down from Sh1.789 trillion in corresponding period last year-— painting the picture of economic struggles.
sparkly
#372 Posted : Thursday, July 09, 2020 8:23:20 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,874
Location: Enk are Nyirobi
safaricom has invested in a gas company
Life is short. Live passionately.
bartum
#373 Posted : Sunday, July 12, 2020 8:40:05 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi

Why not invest in FAANG
kmucheke
#374 Posted : Monday, July 13, 2020 9:35:47 AM
Rank: Member


Joined: 3/16/2019
Posts: 145
bartum wrote:

Why not invest in FAANG


(Visual from Kenyan Wall Street blog)

MGas is a subsidiary of Circle Gas and MGas is powered by Safaricom. It makes sense they should acquire a stake in Circle Gas.

From the above visual Safaricom's aim is to be integrated in all aspects of society by starting or being part of social impact business entities.

I think transport is missing in the visual since Little cab is backed by Safaricom.
heri
#375 Posted : Tuesday, July 14, 2020 5:58:47 PM
Rank: Member


Joined: 9/14/2011
Posts: 773
Location: nairobi
Horton
#376 Posted : Tuesday, July 14, 2020 7:17:29 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,536
Location: Nairobi
bartum wrote:

Why not invest in FAANG


Should be modified to FATANG (include TSLA) 😂😂😂
Ericsson
#377 Posted : Tuesday, July 14, 2020 7:26:43 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
heri wrote:


And it's not easy to remove them
Ericsson
#378 Posted : Wednesday, July 15, 2020 7:46:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
Top customer of LTK

https://www.businessdail...3336-3hmfafz/index.html

Airtel loses 3.74 million customers in its mobile money service or 91.9% of the telecom's cash transfer subscribers in the year to March 2020.
kmucheke
#379 Posted : Wednesday, July 15, 2020 8:57:20 AM
Rank: Member


Joined: 3/16/2019
Posts: 145
heri wrote:


Around 2008 Ericsson was the largest telecommunication equipment provider in East Africa. They used to supply around 70% of SCOM GSM network equipment.

Then Huawei happened, their stuff way way cheaper than Ericsson or Nokia-Siemen.
GSM is a standard and the equipment manufactured should be back and forward compatible and this was the basis by which SCOM was able to switch very fast to Huawei and ZTE.

Most of the network upgrade to 3G and 4G is by Huawei due to cost. Initially the stuff from Huawei used to fail but over time their quality has improved. Huawei is now the largest vendor of telecom equipment in the world and is the leader in 5G.

Spying concerns by the US are very valid. The CIA spied on foes and allies using sabotaged encryption equipment sold to foreign countries.
Link

China was recently accused of spying on African governments at the Chinese built AU headquarters which uses computer network equipment supplied by Huawei.
Link

SCOM and Huawei are too intertwined from infrastructure (3G and 4G network), modems, phones and even equipment maintenance.


Ericsson
#380 Posted : Wednesday, July 15, 2020 9:28:17 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,712
Location: NAIROBI
kmucheke wrote:
heri wrote:


Around 2008 Ericsson was the largest telecommunication equipment provider in East Africa. They used to supply around 70% of SCOM GSM network equipment.

Then Huawei happened, their stuff way way cheaper than Ericsson or Nokia-Siemen.
GSM is a standard and the equipment manufactured should be back and forward compatible and this was the basis by which SCOM was able to switch very fast to Huawei and ZTE.

Most of the network upgrade to 3G and 4G is by Huawei due to cost. Initially the stuff from Huawei used to fail but over time their quality has improved. Huawei is now the largest vendor of telecom equipment in the world and is the leader in 5G.

Spying concerns by the US are very valid. The CIA spied on foes and allies using sabotaged encryption equipment sold to foreign countries.
Link

China was recently accused of spying on African governments at the Chinese built AU headquarters which uses computer network equipment supplied by Huawei.
Link

SCOM and Huawei are too intertwined from infrastructure (3G and 4G network), modems, phones and even equipment maintenance.




Ericsson wasn't the largest supplier to Safaricom.
It was Siemens which later changed to Nokia-Siemens and finally Nokia
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