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Safaricom HY17
Rank: Chief Joined: 1/3/2007 Posts: 18,118 Location: Nairobi
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quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Member Joined: 5/21/2014 Posts: 184
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They must have lost revenue due to the service outage but the figure of KES 2 bn.... hapo hapana! There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Member Joined: 5/21/2014 Posts: 184
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They must have lost revenue due to the service outage but the figure of KES 2 bn.... hapo hapana! There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Elder Joined: 6/23/2009 Posts: 13,532 Location: nairobi
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cyruskulei wrote:VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star KQ follows a similar trajectory.. Always clocking 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: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:cyruskulei wrote:VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star KQ follows a similar trajectory.. Always clocking If well managed KQ can mint millions of shillings per day defying holidays and weekends just like Safaricom. John 5:17 But Jesus replied, βMy Father is always working, and so am I.β
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Rank: Chief Joined: 1/3/2007 Posts: 18,118 Location: Nairobi
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obiero wrote:cyruskulei wrote:VituVingiSana wrote:quicksand wrote:murchr wrote:Angelica _ann wrote:Ericsson wrote:Safaricom is estimated to have lost sh.2.6bn during yesterday's outage. Lost how? The transaction and call fees you would have made yesterday plus the free sending via MPESA you are doing today = Lost Revenue Incorrect. That is the volume of transactions, not revenue or profit. The money belongs to parties exchanging it, not Safaricom (save the small facilitation fees). If they had lost anything close to that amount it would mean they have yearly revenues of over 600 billion (approximately). That is a 3rd of Kenya's GDP. Implausible. This is Wazua for God's sake, an economy/business minded forum, separation of obvious concepts like this should be self evident surely? Agreed. πππ ... Its like saying a bank loses billions on Sunday coz it was closed. Not true. At most, they lose transactional revenue e.g. A charge/fee for making a deposit, withdrawal or RTGS. This counter makes money any time. It sees no holiday or weekends. Every time is money time. Calls/ Mpesa/ Data are in continuous usage. This is the real star KQ follows a similar trajectory.. Always clocking πππ True. Clocking losses on a daily basis. Has KQ Broken even for FY16-17? Even NBK announced a higher profit for FY16. Much smaller FTGH announced a profit for FY16 even with all the one-off expenses. Heck, even my "local" kiosk made more money than KQ! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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watching the share performance as we near results announcement (10th May)..Ksh 20-21 still remains a major resistant point βThe pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.β
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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who needs ANYONE when EVERYTHING is smoothrunning and on auto pilot? - Guyanian Proverb #MPesaOutages Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
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Safaricom Expects FY 2017 EBITDA at betw Ksh 94 billion & Ksh 97 billion Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
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Ericsson wrote:Profit before tax ksh.34.49bn Profit after tax ksh.23.93bn
Full year profit is in the range of 70bn before tax Obiero whazz up umecheki hiyo hapo juu na date Post Number 22 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
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bartum wrote:Fire extinguisher needed No need of fire extinguisher. You were informed in the spirit of wazua Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 976 Location: Kenya
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Safaricom bringing in even faster speeds in form of 4G+. Top speeds should projected at 150mbps http://www.techweez.com/...faricom-4g-announcement/
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Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
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Safaricom says it has activated over 100 4G+ sites in Nairobi, Mombasa, Kisumu, Kisii, Naivasha, Kitui, Machakos, Kakamega & Kericho Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/15/2015 Posts: 817
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is there anything like 4G+??????? its either you have 4G or 5G there's no lte specification called 4G+. but hey, you cannt blame them for advertising.they are just doing what they are good at.but its funny bumping speeds by a few mbps and calling it 4G+.but all this is rossy until you deplete the bundles in a few minutes.what's the use really?i with this upgrade would have come with more data bundles.it only the logical thing to do.
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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Cornelius Vanderbilt wrote: is there anything like 4G+??????? its either you have 4G or 5G there's no lte specification called 4G+. but hey, you cannt blame them for advertising.they are just doing what they are good at.but its funny bumping speeds by a few mbps and calling it 4G+.but all this is rossy until you deplete the bundles in a few minutes.what's the use really?i with this upgrade would have come with more data bundles.it only the logical thing to do. 4G+
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Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi
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Cornelius Vanderbilt wrote: is there anything like 4G+??????? its either you have 4G or 5G there's no lte specification called 4G+. but hey, you cannt blame them for advertising.they are just doing what they are good at.but its funny bumping speeds by a few mbps and calling it 4G+.but all this is rossy until you deplete the bundles in a few minutes.what's the use really?i with this upgrade would have come with more data bundles.it only the logical thing to do. Very important point you have raised there ....people usually say that their bundles have been 'stolen' ...isn't the case. Users need to be smart and stop sites like youtube from serving them 1080p and 4K videos which is what they do immediately the server detects your phone is on a high capacity connection (which is what LTE and LTE Advanced are). A normal 5 minute song can be over 200MB worth of data (if not compressed) when rendered in 4k, over 70MB in 1080p on a tablet or a tethered PC,...kid you not. Go to settings and reduce the quality of the video to 144 or 240p and save your data, the difference is not that significant.
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Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
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Orange Kenya rebranding to Telkom kenya. Relaunch currently ongoing. Follow on the below link http://Kenyamoving.co.keWealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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