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Safaricom expands 5G network in Kenya
(3 minutes read)
Safaricom Plc has announced the expansion of its 5G coverage to 28 towns in 21 counties in Kenya, enabling its customers to...
Airtel cuts into Kenyan Voice market share at Safaricom’s cost
(3 minutes read)
Safaricom’s dominance of the voice market came down to a two-year low. At the same time, the share of Airtel rose to...
Safaricom to provide mobile money transfer service in Ethiopia
Safaricom has become the first private telecoms operator in Ethiopia after it signed a deal to provide mobile money transfer service in the...
Safaricom earnings to plunge with the new MTR rates
It is estimated that Safaricom may lose almost Sh1.5 billion annually when the new mobile termination rates (MTR)- charges levied by a mobile...
Expensive phone sets dampens Safaricom’s 5G expansion
The high prices of the handsets have put off millions of subscribers from switching phones to 5G from 4G slowing down Safaricom’s expansion...
Safaricom’s bid to block Iristel Kenya Limited thwarted
Communications and Multimedia Appeals Tribunal has dismissed the case filed by Safaricom seeking to cancel a contract it signed with Iristel Kenya Limited, a...
Safaricom to offer cashless payment service to rival mobile network subscribers
· Safaricom’s Lipa Na M-Pesa cashless payment service will be available to subscribers on rival mobile networks, such as Airtel and Telkom also.
Safaricom’s Lipa Na...
Safaricom to launch mobile money service M-Pesa this year in Ethiopia
Safaricom has received the green signal to go ahead with the launch of the mobile money service this year despite the suspension of bidding...
Safaricom half-year net profit rises by 12 percent driven by M-Pesa revenues
· Lifting of Covid restrictions and improved business activity have contributed to the revenue growth of Safaricom.
· Primarily M-Pesa revenues have driven Safaricom's half-year net profit to...
Airtel’s deal with WorldRemit to reduce the dominance of Safaricom’s M-Pesa
Airte’sl deal with London-based fintech, WorldRemit is expected to increase the subscriber base of Airtel and enable its customers to receive money from 129...