Lipa na M-pesa is a game changer in my opinion. And have you seen the aggressive fibre optic cable move around Nairobi? This 800 pound green gorilla is only getting started.

Key to bullish continuation is the break above 7.50 - very tough multi year resistance level. Bracing for that break for the elephant wil surely sprint!
#RubberbandEffect

MTR glide path could destabilise this company in the long run...come July 2014...MTR will be at Ksh0.99....so competitors can say SCOM calls at 1.50 and still make something unlike in the past were they could end up parting with a fortune to SCOM...plus most traffic on SCOM network...expect capex to be high going forward....plus competitors have become wiser i.e Airtel is now offering call,text and surf in one package...can SCOM follow suit?

Safaricom 2013 annual report- key highlights.

Safaricom has released the annual report relating to FY13 results released on 14 May 2013. The company outlined its strategy to grow mobile and fixed data, seeking to drive the enterprise business and deliver higher penetration of data and data enabled devices. The company specifically plans to deliver fiber to the home in order to provide a triple play solution to the home user. Safaricom also plans enhance Wi-Fi for public hotspots for enhanced user experience in high traffic areas. Safaricom is also making a number of innovations; one of the more notable ones we observe is a cloud based a learning and content management system which provides e-learning solutions to schools, universities and colleges. The solution also allows libraries and publishers to avail their eBooks for sale and rental through a portal. It also supports a process for the Ministry and other learning policy and regulatory institutions such as the Kenya Institute of education (KIE) to endorse and certify books and materials recommended for delivery of official syllabus and curriculums. Separately, Safaricom notes in the annual report that it is to receive a refund of USD 15m in 3G licence fees- having overpaid in 2007 compared to subsequent mobile operators who came in later in 2010. The company will receive the payments by way of credit notes against other fee invoices with the USD 15m being paid in three equal installments over three financial years to June 2015. (Safaricom Annual Report 2013, Standard Investment Bank)

Bob Collymore, CFO buy Safaricom shares



Bob Collymore, Safaricom’s CEO, and the operator’s chief financial officer (CFO) have bought new shares in the telco in a demonstration of their confidence in the company they lead.

Safaricom has disclosed that Mr Collymore bought 320,000 shares in the year to March currently worth Sh2.3 million while CFO John Tombleson acquired 600,000 shares now valued at Sh4.3 million.

“Both mine and John’s shares were purchased in our personal capacity on the open market,” said Mr Collymore, in response to questions from the Business Daily on whether the new shares were acquired through stock compensation or the Employee Share Option Scheme (ESOP).

... Wealthy investors including Chris Kirubi, John Kimani and Baloobhai Patel have been buying more of the Safaricom’s shares in the year to May, when stock hit a five-year high.

The telecoms industry regulator has slashed a key mobile calling tariff by 20 per cent, a sigh of relief for operators after a vicious three-year price war.

From Thursday, it will cost operators Sh1.15 a minute to terminate calls to other networks, down from Sh1.44 a minute.

http://www.standardmedia.co.ke/...ts-call-termination-rate

M-Pesa linked medical cover card launched #M-Kadi #mobile phone based health product

#CallingOutWanjiku