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Tag: safaricom
Safaricom combines IT with networks division, merges FTTH with FTTB
2020-11-18 11:26:00| Telecompaper Headlines
(Telecompaper) Kenyan operator Safaricom has announced changes to its business to focus on technology. In a memo to staff, CEO Peter Ndegwa said that the information technology and network departments have been merged into a technology and information organisation and will be headed by Morten Bangsgaard with effect from 01 January. Bangsgaard joins Safaricom from Maxis, a Malaysian communications provider, where he worked in the same capacity.
Tags: with
networks
division
combines
Safaricom sees drop in Ethiopia licence bid price after govt restricts mobile money to domestic firms
2020-11-16 09:46:00| Telecompaper Headlines
(Telecompaper) Disclosures contained in a transcript call covering events to the end of July, said Business Daily, reveal that Safaricom sees a licence without mobile money hurting profitability and lengthening the period to recoup the investment. CEO Peter Ndegwa said a licenve that does not include a mobile money license will significantly reduce the level of profitability and therefore in essence, Safaricom's bid price for the licence but also the profitability and payback period.
Safaricom H1 service revenue falls 5% as M-Pesa turnover shrinks by 15%, active customers rise 14%
2020-11-09 09:33:00| Telecompaper Headlines
(Telecompaper) Kenyan operator Safaricom's net profit decreased by 6.0 percent to KES 33.07 billion in the first six months to 30 September from KES 35.19 billion in the same period of 2019. Total revenue decreased by 4.1 percent to KES 124.53 billion from KES 129.92 billion in 2019 with service revenue dropping 4.8 percent to KES 118.41 billion from KES 124.32 billion. The company attributed the decline to Covid-19 pandemic, blaming the decline in service revenue performance on lower M-Pesa and voice revenues.
Tags: service
active
customers
rise
Safaricom launches Android TV streaming box
2020-07-08 13:00:03| Digital TV News
Safaricom has launched an Android TV box as part of a strategy to bring its fibre service to more homes. The box equips any TV with the capability to stream content from YouTube, Netflix and other Android TV apps.
Tags: box
streaming
launches
android
Safaricom selects Aviat for 5G backhaul
2020-07-08 09:37:00| Telecompaper Headlines
(Telecompaper) Kenyan operator Safaricom has selected Aviat Networks' WTM 4800 multi-band radio platform for 5G backhaul. Aviat multi-band provides the lowest total cost of ownership (TCO) for 5G backhaul, especially in countries like Kenya, where the cost of microwave spectrum is high. Multi-band combines traditional microwave (6-42 GHz) and E-band (70-80 GHz) over the same link and same antenna.
Tags: selects
backhaul
safaricom
aviat