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SAFARICOM SAYS TO RAISE CALLING RATES BY 1 SHILLING ACROSS TARIFFS ON WEAK SHILLING,
Drunkard
#31 Posted : Friday, September 30, 2011 9:06:26 PM
Rank: User

Joined: 5/3/2011
Posts: 559
mchawi wrote:
Drunkard wrote:
I would say this is not a good sign for a persived "blue chip" company, you'd expect Safaricom to have hedged itself from this exposures!


How else?


when you're a company as big as Safaricom and you know well that you pay your bills using a dollar, it is no brainer to know that you need to hedge yourself against exchange rate flatuation, how else? Use derivatives within the currency markets to cap the the loses so that you don't have to pass it to your consumers.
VituVingiSana
#32 Posted : Friday, September 30, 2011 10:20:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
So Airtel charges me 3/- to call SafariCon while SafCon-SafCon = 4/-???
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Sober
#33 Posted : Friday, September 30, 2011 10:28:47 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
And it is the season when safcom subscribers bitch and whine about the tarrif hike and do absolutely nothing about switching networks.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Cde Monomotapa
#34 Posted : Saturday, October 01, 2011 12:17:34 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Sober wrote:
And it is the season when safcom subscribers bitch and whine about the tarrif hike and do absolutely nothing about switching networks.

Laughing out loudly Laughing out loudly Laughing out loudly
sparkly
#35 Posted : Saturday, October 01, 2011 7:43:11 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Might be a good idea to go for the postpaid bundles. Kshs 1,000 = 900 on net min+100 offnet min+100 mb+100 on net sms
Life is short. Live passionately.
Jamani
#36 Posted : Saturday, October 01, 2011 11:20:35 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Hunderwear wrote:
Gordon Gekko wrote:
kinoru wrote:
yu here i come


You are going nowhere. Given their totally dominant position other players will just follow suit.

This cud be safcoms greatest undoing.You dont knw how price sensitive the new generation is.I hope airtel notice ths is the moment they have been waiting for.As for Yu..ALL CHARGES DROPPED!


@Hunderwear, Yu has been free and cheap throughout, this price sensitive generation hasnt vuka-ed to them.... any reason why? Yu still has a total of 1.5 sub base, with an active base below 500K.
One of the reasons is network coverage(no roll-out of sites), the other is quality issues(poor handovers, poor signal, call-drops, black-spots etc), then club effect thing.... among others. It will not be that easy even for Airtel
Hunderwear
#37 Posted : Saturday, October 01, 2011 11:39:50 AM
Rank: Member

Joined: 4/14/2011
Posts: 639
Jamani wrote:
Hunderwear wrote:
Gordon Gekko wrote:
kinoru wrote:
yu here i come


You are going nowhere. Given their totally dominant position other players will just follow suit.

This cud be safcoms greatest undoing.You dont knw how price sensitive the new generation is.I hope airtel notice ths is the moment they have been waiting for.As for Yu..ALL CHARGES DROPPED!


@Hunderwear, Yu has been free and cheap throughout, this price sensitive generation hasnt vuka-ed to them.... any reason why? Yu still has a total of 1.5 sub base, with an active base below 500K.
One of the reasons is network coverage(no roll-out of sites), the other is quality issues(poor handovers, poor signal, call-drops, black-spots etc), then club effect thing.... among others. It will not be that easy even for Airtel

Do you notice for the first time its cheaper to cal safcom from Airtel.Hang on a month and hear the statistics
mapozi
#38 Posted : Saturday, October 01, 2011 11:43:00 AM
Rank: Member

Joined: 4/21/2011
Posts: 119
time to move to airtel till they also decide to hike their prices.
hisah
#39 Posted : Saturday, October 01, 2011 3:51:50 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Anybody see this math - those that shift to other operators from the green elephant will make the other operators pay more interconnection fees to the elephant since it is cheaper to call from the other operators... Unless elephant loses a huge chunk of its subscribers (say 40%), the tariff hike is a master act! Talk of shifting your costs to your competitor...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Jamani
#40 Posted : Saturday, October 01, 2011 4:19:57 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Hunderwear wrote:
Jamani wrote:
Hunderwear wrote:
Gordon Gekko wrote:
kinoru wrote:
yu here i come


You are going nowhere. Given their totally dominant position other players will just follow suit.

This cud be safcoms greatest undoing.You dont knw how price sensitive the new generation is.I hope airtel notice ths is the moment they have been waiting for.As for Yu..ALL CHARGES DROPPED!


@Hunderwear, Yu has been free and cheap throughout, this price sensitive generation hasnt vuka-ed to them.... any reason why? Yu still has a total of 1.5 sub base, with an active base below 500K.
One of the reasons is network coverage(no roll-out of sites), the other is quality issues(poor handovers, poor signal, call-drops, black-spots etc), then club effect thing.... among others. It will not be that easy even for Airtel

Do you notice for the first time its cheaper to cal safcom from Airtel.Hang on a month and hear the statistics


Yes I do notice it is cheaper to call Safcom from Airtel but who benefits out of it? ......... Read post 39 by Hisah........ interconnection fees... it ends up working for safcom
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