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Safaricom 2019/2020
Ericsson
#371 Posted : Monday, July 06, 2020 3:13:38 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
https://www.businessdail...88364-wogrbp/index.html

The amount of cash sent by Kenyans on mobile platforms over the past five months to May fell by Sh36.77 billion compared to similar period last year, official data shows, a rare drop that reflects the financial hardship faced by households and businesses due to the Covid-19 pandemic.

Data from the Central Bank of Kenya (CBK) shows that Kenyans sent Sh1.752 trillion through their mobile wallets in the five months to May, down from Sh1.789 trillion in corresponding period last year-— painting the picture of economic struggles.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#372 Posted : Thursday, July 09, 2020 8:23:20 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
safaricom has invested in a gas company
Life is short. Live passionately.
bartum
#373 Posted : Sunday, July 12, 2020 8:40:05 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi

Why not invest in FAANG
kmucheke
#374 Posted : Monday, July 13, 2020 9:35:47 AM
Rank: Member

Joined: 3/16/2019
Posts: 313
bartum wrote:

Why not invest in FAANG


(Visual from Kenyan Wall Street blog)

MGas is a subsidiary of Circle Gas and MGas is powered by Safaricom. It makes sense they should acquire a stake in Circle Gas.

From the above visual Safaricom's aim is to be integrated in all aspects of society by starting or being part of social impact business entities.

I think transport is missing in the visual since Little cab is backed by Safaricom.
heri
#375 Posted : Tuesday, July 14, 2020 5:58:47 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Horton
#376 Posted : Tuesday, July 14, 2020 7:17:29 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
bartum wrote:

Why not invest in FAANG


Should be modified to FATANG (include TSLA) 😂😂😂
Ericsson
#377 Posted : Tuesday, July 14, 2020 7:26:43 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
heri wrote:


And it's not easy to remove them
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#378 Posted : Wednesday, July 15, 2020 7:46:16 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
Top customer of LTK

https://www.businessdail...3336-3hmfafz/index.html

Airtel loses 3.74 million customers in its mobile money service or 91.9% of the telecom's cash transfer subscribers in the year to March 2020.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kmucheke
#379 Posted : Wednesday, July 15, 2020 8:57:20 AM
Rank: Member

Joined: 3/16/2019
Posts: 313
heri wrote:


Around 2008 Ericsson was the largest telecommunication equipment provider in East Africa. They used to supply around 70% of SCOM GSM network equipment.

Then Huawei happened, their stuff way way cheaper than Ericsson or Nokia-Siemen.
GSM is a standard and the equipment manufactured should be back and forward compatible and this was the basis by which SCOM was able to switch very fast to Huawei and ZTE.

Most of the network upgrade to 3G and 4G is by Huawei due to cost. Initially the stuff from Huawei used to fail but over time their quality has improved. Huawei is now the largest vendor of telecom equipment in the world and is the leader in 5G.

Spying concerns by the US are very valid. The CIA spied on foes and allies using sabotaged encryption equipment sold to foreign countries.
Link

China was recently accused of spying on African governments at the Chinese built AU headquarters which uses computer network equipment supplied by Huawei.
Link

SCOM and Huawei are too intertwined from infrastructure (3G and 4G network), modems, phones and even equipment maintenance.


Ericsson
#380 Posted : Wednesday, July 15, 2020 9:28:17 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
kmucheke wrote:
heri wrote:


Around 2008 Ericsson was the largest telecommunication equipment provider in East Africa. They used to supply around 70% of SCOM GSM network equipment.

Then Huawei happened, their stuff way way cheaper than Ericsson or Nokia-Siemen.
GSM is a standard and the equipment manufactured should be back and forward compatible and this was the basis by which SCOM was able to switch very fast to Huawei and ZTE.

Most of the network upgrade to 3G and 4G is by Huawei due to cost. Initially the stuff from Huawei used to fail but over time their quality has improved. Huawei is now the largest vendor of telecom equipment in the world and is the leader in 5G.

Spying concerns by the US are very valid. The CIA spied on foes and allies using sabotaged encryption equipment sold to foreign countries.
Link

China was recently accused of spying on African governments at the Chinese built AU headquarters which uses computer network equipment supplied by Huawei.
Link

SCOM and Huawei are too intertwined from infrastructure (3G and 4G network), modems, phones and even equipment maintenance.




Ericsson wasn't the largest supplier to Safaricom.
It was Siemens which later changed to Nokia-Siemens and finally Nokia
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
75 Pages«<3637383940>»
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