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Safaricon the most EXPENSIVE provider
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sheep
#121 Posted : Sunday, August 22, 2010 12:50:07 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
profit growth that is
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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PKoli
#122 Posted : Sunday, August 22, 2010 12:51:22 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
guru267 wrote:
sheep wrote:
apparently data & mpesa contributed to around 50% of Safcom profits...

@sheep you sure about what you saying???



I dont think so. Mpesa and data contributes less than 30%
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Jamani
#123 Posted : Sunday, August 22, 2010 1:16:22 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
PKoli wrote:
guru267 wrote:
sheep wrote:
apparently data & mpesa contributed to around 50% of Safcom profits...

@sheep you sure about what you saying???



I dont think so. Mpesa and data contributes less than 30%


Mpesa and data are thier fastest growing products
http://www.safaricom.co....ults%20Announcement.pdf

Extract from pg 13
"Data revenue increased by 72.8% representing
18.7% of revenue (12.9 % in March 09) driven by the Strong growth in the number of Data
users (79.6%) and M-PESA users
combined effect of
M-PESA up 158.1% (9.0% of revenue)
Data up 97.7% (3.6% of revenue)
(53.4%)
SMS up 11.3% (6.2% of revenue)"
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guru267
#124 Posted : Sunday, August 22, 2010 1:43:13 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Jamani wrote:
PKoli wrote:
guru267 wrote:
sheep wrote:
apparently data & mpesa contributed to around 50% of Safcom profits...

@sheep you sure about what you saying???



I dont think so. Mpesa and data contributes less than 30%


Mpesa and data are thier fastest growing products
http://www.safaricom.co....ults%20Announcement.pdf

Extract from pg 13
"Data revenue increased by 72.8% representing
18.7% of revenue (12.9 % in March 09) driven by the Strong growth in the number of Data
users (79.6%) and M-PESA users
combined effect of
M-PESA up 158.1% (9.0% of revenue)
Data up 97.7% (3.6% of revenue)
(53.4%)
SMS up 11.3% (6.2% of revenue)"

@jamani from all this info its clear voice still contributes to about 70% of safcons revenue.... So whether they reduce their call rates or not they are still in a fix....
Mark 12:29
Deuteronomy 4:16
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Jamani
#125 Posted : Sunday, August 22, 2010 4:06:29 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
guru267 wrote:
Jamani wrote:
PKoli wrote:
guru267 wrote:
sheep wrote:
apparently data & mpesa contributed to around 50% of Safcom profits...

@sheep you sure about what you saying???



I dont think so. Mpesa and data contributes less than 30%


Mpesa and data are thier fastest growing products
http://www.safaricom.co....ults%20Announcement.pdf

Extract from pg 13
"Data revenue increased by 72.8% representing
18.7% of revenue (12.9 % in March 09) driven by the Strong growth in the number of Data
users (79.6%) and M-PESA users
combined effect of
M-PESA up 158.1% (9.0% of revenue)
Data up 97.7% (3.6% of revenue)
(53.4%)
SMS up 11.3% (6.2% of revenue)"

@jamani from all this info its clear voice still contributes to about 70% of safcons revenue.... So whether they reduce their call rates or not they are still in a fix....

True Guru, but if you read the report their efforts are now concentrated on their fastest growing productions, thats where the money is, not on voice and they also mention that voice will come down and these are the products to take over. so as zain concentrates on reducing voice charges safcom was a step ahead in strategy
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  | | Edit by user: Sunday, August 22, 2010 4:47 PM | Reason: Not specified
KenyanLyrics
#126 Posted : Sunday, August 22, 2010 8:11:50 PM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
@jamani, there are two moves remaining that would kill off Safaricom:

1. A cheap, 3g offering - Micheal Joseph made the statement that they were not going to reduce internet charges until they recoup their initial investment. As a budding online investor, this statement cemented my hatred for Safaricom. However, this makes the data area ripe for a takeover, as Safaricom are unlikely to react.

2. An open source mobile money platform - whoever creates a mobile money Application Programming Interface and frees it up for public use(a la Paypal) will ride the e-commerce wave which is just waiting to happen. Safaricom and their arrogant ways are unlikely to promote anything open source, so here is another huge achilles in Safcon's heel waiting to be exploited.
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Jamani
#127 Posted : Monday, August 23, 2010 7:37:27 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
KenyanLyrics wrote:
@jamani, there are two moves remaining that would kill off Safaricom:

1. A cheap, 3g offering - Micheal Joseph made the statement that they were not going to reduce internet charges until they recoup their initial investment. As a budding online investor, this statement cemented my hatred for Safaricom. However, this makes the data area ripe for a takeover, as Safaricom are unlikely to react.

2. An open source mobile money platform - whoever creates a mobile money Application Programming Interface and frees it up for public use(a la Paypal) will ride the e-commerce wave which is just waiting to happen. Safaricom and their arrogant ways are unlikely to promote anything open source, so here is another huge achilles in Safcon's heel waiting to be exploited.


@KenyanLyrics--1. 2011 is when zain will be ready on 3g, that time safcom will be on 4g and pple will be rushing to safcom.
2. that will be for the elite, the pple in rural areas the masses will still be on Mpesa and at this time safcom could lower prices having recouped thier investments and still mpesa could advance further.
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bkismat
#128 Posted : Monday, August 23, 2010 12:31:04 PM
Rank: Elder

Joined: 10/23/2009
Posts: 2,375
Safcon charge a minimum of 55 shillings for any M Pesa transaction a real cash cow for them as with the recent compulsory registration they will have even gotten more customers. Target that and you hit them very hard. The data penetration is still very little and if they maintain their current pricing structure I doubt whether they will get the numbers they are targeting.
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
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qadaffi
#129 Posted : Monday, August 23, 2010 1:01:06 PM
Rank: Member

Joined: 1/8/2009
Posts: 67
bkismat wrote:
Safcon charge a minimum of 55 shillings for any M Pesa transaction a real cash cow for them as with the recent compulsory registration they will have even gotten more customers. Target that and you hit them very hard. The data penetration is still very little and if they maintain their current pricing structure I doubt whether they will get the numbers they are targeting.


True, the charges are high but in the interests of accuracy, the Ksh 55 as a minimum is not quite true. Sending money to a registered user is 30/- (any amount from 0 to 35,000). Sending to a non registered person would cost you 25/- if amount is less than 2500 and is graduated up to the highest charge of 170/- for sending 20K-35K.

What I usually wonder is why it should even cost more than 3.50 or 5.00 given the fact that SMS uses very little, if any network resources. Even if you were to factor in agent costs, stationery etc, the charges are incredulous.
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guru267
#130 Posted : Monday, August 23, 2010 2:14:00 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I really hope every single one of my 250k shares have been sold.... GOOD RIDDANCE!!
Mark 12:29
Deuteronomy 4:16
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