The telecommunications sector is seen by investors as a slot machine. When you have a chance, like Safaricom, of having a new operating license, it attracts. However, the risks of a financial bubble exist in this case. The Kenyan Safaricom, the first market capitalization of the Nairobi Securities Exchange (NSE), has attracted many foreign investors, since the...
A new organisational structure at Safaricom is causing anxiety among employees who will be required to re-apply for their jobs afresh in the new arrangement. In the restructuring process currently underway, the company intends to adopt an agile organisational structure, which will kick out the traditional hierarchical one. Under the new plan, many of the...
The large telecoms footprint of Safaricom on the Kenyan market worries the regulator. The operator, more present than Airtel and Telkom across the national territory, endangers competition. The gendarme of the telecoms market is considering various means to remedy this. The Kenya Communications Authority (CA) has expressed to Parliament its desire to see it adopt new laws...
Aviat Networks has announced that Kenyan telecoms operator Safaricom has selected its WTM 4800 multi-band radio platform for 5G backhaul. Multi-band combines traditional microwave (6GHz-42GHz) and E-band (70GHz-80GHz) over the same link and same antenna, helping to lower spectrum costs by offloading traffic from microwave spectrum onto less expensive E-band spectrum, while still maintaining the reliability of...
Kenyan operator Safaricom has disclosed a 50 percent ownership of M-Pesa after it and South Africa’s Vodacom acquired the mobile money platform from the UK’s Vodafone for KES 2.14 billion, Business Daily reported. In its annual report for the year to March, Safaricom says that the two partners split the acquisition costs equally, with each...
Over the weekend, Safaricom experienced nationwide network outages – restricting up to 31.8 million consumers from calling, using MPESA or texting, all across the country. During the outage, the company said in an official statement, “Please note that we are experiencing intermittent network challenges affecting a number of services in our network including voice and...
