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Safaricom FY2018
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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obiero wrote:Angelica _ann wrote:Ericsson wrote:Ebenyo wrote:Ericsson wrote:According to CAK statistics April 1-June 30 2018
Safaricom lost 1.6% mkt to stand at 65.4%
Airtel gained 1.6% to stand at 21.4%
Telkom gained 0.2% to stand at 8.8%
Finserve (Equitel) lost 0.1% to stand at 4.3%
Safaricom subscribers now stand at 29,780,048 compared to 29,570,185 in March 31 2018
Airtel subcribers stand at 9,744,440 compared to 8,709,556 in March 2018
Telkom Kenya subscribers stand at 3,995,365 compared to 3,804,996 in March 31 2018
Finserve subscribers stand at 1,959,009 compared to 1,944,231 in March 2018
that loss is insignificant to safaricom There is no absolute loss You guys have been advancing that Telcom is eating into Safcom market share, how come that is not reflected in growth of subscribers. Safcom are way ahead of the chasing pack. That data is June.. Plus usage trumps numbers Safaricom will report higher profits than last year. Telkom kenya still has a journey to go,its subscribers numbers growth is low Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Wananchi have finally agreed to surrender the kenyan mkt Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 5/19/2014 Posts: 68 Location: Migori
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Ericsson wrote:Wananchi have finally agreed to surrender the kenyan mkt A new more aggresive entrant might come on board. They are still looking for buyers https://www.the-star.co....rol-data-market_c1835227Learning to sit on my hands
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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ombaalbt wrote:[quote=Ericsson]Wananchi have finally agreed to surrender the kenyan mkt A new more aggresive entrant might come on board. They are still looking for buyers https://www.the-star.co....ol-data-market_c1835227[/quote] MTN Business is also looking for an exit plan. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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He has joined the Airtel chorus yet @Obiero & @Ericson keep on claiming Telcom is giving Safcom a tough time. Safcom won't succum to such fake competition. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Angelica _ann wrote:He has joined the Airtel chorus yet @Obiero & @Ericson keep on claiming Telcom is giving Safcom a tough time. Safcom won't succum to such fake competition. How to not get ahead: Keep complaining about your competition.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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I used Telkom for data when they first started touting their 4G but it was a bust in my area. I got a strong signal but poor speeds. I eventually settled on Faiba4G (modem) complemented by Safaricom and Airtel (mpango). Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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rwitre wrote:Angelica _ann wrote:He has joined the Airtel chorus yet @Obiero & @Ericson keep on claiming Telcom is giving Safcom a tough time. Safcom won't succum to such fake competition. How to not get ahead: Keep complaining about your competition. I support the fact that Safaricom needs to be declared dominant.. The outtage in July exposed this precarious position that we have exposed ourselves to
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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obiero wrote:rwitre wrote:Angelica _ann wrote:He has joined the Airtel chorus yet @Obiero & @Ericson keep on claiming Telcom is giving Safcom a tough time. Safcom won't succum to such fake competition. How to not get ahead: Keep complaining about your competition. I support the fact that Safaricom needs to be declared dominant.. The outtage in July exposed this precarious position that we have exposed ourselves to The competition needs to look at the market for a long term horizon and the customer to be really convinced to move Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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HY 2018/2019 results is 3 weeks away Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:HY 2018/2019 results is 3 weeks away possunt quia posse videntur
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ericsson wrote:HY 2018/2019 results is 3 weeks away FY18 is done and dusted the new year is 19. Note its not calendar yr but Fin yr. Quote:Safaricom’s fiber market share grew from 19.4 percent in the last quarter to 21.2 percent by June on the back of aggressive marketing that added 14,537 fixed internet customers between March and June, to hit a total of 78,104 users. Firm No. of Subscriptions Market Share (%)
Wananchi 112,155- 30.4
Safaricom 78,104 - 21.2
Mawingu Networks Ltd 77,722 21.1
Jamii Telecom 43,529 11.8
Poa Internet Kenya Ltd (formerly Argon Telecom Services Ltd) 25,810 7
Internet Solutions (ex-Access Kenya) 15,227 4.1
Liquid Telecom 9,720 2.6
Telkom Kenya 4,178 1.1 "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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maka wrote:Ericsson wrote:HY 2018/2019 results is 3 weeks away I don't blame Safcom or anyone else. Had they not done so, GoK would have whacked them with higher taxes. Now I await some GoK crooks who will say that Safcom should not pass on extra costs the consumers... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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VituVingiSana wrote:maka wrote:Ericsson wrote:HY 2018/2019 results is 3 weeks away I don't blame Safcom or anyone else. Had they not done so, GoK would have whacked them with higher taxes. Now I await some GoK crooks who will say that Safcom should not pass on extra costs the consumers... These guys are reckless. They should not pass the cost to consumers. How much profit is enough profit
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:VituVingiSana wrote:maka wrote:Ericsson wrote:HY 2018/2019 results is 3 weeks away I don't blame Safcom or anyone else. Had they not done so, GoK would have whacked them with higher taxes. Now I await some GoK crooks who will say that Safcom should not pass on extra costs the consumers... These guys are reckless. They should not pass the cost to consumers. How much profit is enough profit Are they taxing profitability or the service? The profit is taxed, if the govt feels they need more taxation out of the service safaricom is providing then the subscribers should foot it "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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obiero wrote:VituVingiSana wrote:maka wrote:Ericsson wrote:HY 2018/2019 results is 3 weeks away I don't blame Safcom or anyone else. Had they not done so, GoK would have whacked them with higher taxes. Now I await some GoK crooks who will say that Safcom should not pass on extra costs the consumers... These guys are reckless. They should not pass the cost to consumers. How much profit is enough profit I may not be a fan of Safcom as a consumer but for the last 10 years they have innovated like crazy. Other monopolies eg KQ and KPLC have crashed. From M-Pesa, to Tills/Buy Goods to FTTH. These are long-term projects that needed massive investments in time and resources. Celtel/Zain/Airtel dropped the ball. Telkom/Orange/Telkom was a non-starter. I prefer a (competitive) market economy to price controls that kill off innovation. I want Airtel, Telkom and Faiba to step up and force Safcom to lower prices thanks to competition. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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murchr wrote:obiero wrote:VituVingiSana wrote:maka wrote:Ericsson wrote:HY 2018/2019 results is 3 weeks away I don't blame Safcom or anyone else. Had they not done so, GoK would have whacked them with higher taxes. Now I await some GoK crooks who will say that Safcom should not pass on extra costs the consumers... These guys are reckless. They should not pass the cost to consumers. How much profit is enough profit Are they taxing profitability or the service? The profit is taxed, if the govt feels they need more taxation out of the service safaricom is providing then the subscribers should foot it There's no corporate ethics behind this.. Kenya is a poor state and the citizens need a break
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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murchr wrote:obiero wrote:VituVingiSana wrote:maka wrote:Ericsson wrote:HY 2018/2019 results is 3 weeks away I don't blame Safcom or anyone else. Had they not done so, GoK would have whacked them with higher taxes. Now I await some GoK crooks who will say that Safcom should not pass on extra costs the consumers... These guys are reckless. They should not pass the cost to consumers. How much profit is enough profit Are they taxing profitability or the service? The profit is taxed, if the govt feels they need more taxation out of the service safaricom is providing then the subscribers should foot it  possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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murchr wrote:obiero wrote:VituVingiSana wrote:maka wrote:Ericsson wrote:HY 2018/2019 results is 3 weeks away I don't blame Safcom or anyone else. Had they not done so, GoK would have whacked them with higher taxes. Now I await some GoK crooks who will say that Safcom should not pass on extra costs the consumers... These guys are reckless. They should not pass the cost to consumers. How much profit is enough profit Are they taxing profitability or the service? The profit is taxed, if the govt feels they need more taxation out of the service safaricom is providing then the subscribers should foot it True. I am going to hurt but the increased taxes but the Dynamic Duo didn't get into power without the consent of 50%+1. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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