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Safaricon the most EXPENSIVE provider
Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
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Rank: Veteran Joined: 5/18/2008 Posts: 796
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So how come there wasn't this much hype when Orange launched their Unlimited Calls for Kshs. 100 per month...
Surely that was a better deal than anything being offered now..
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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@Bss, Ngai!!....Hiyo umetoa wapi? Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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ProverB wrote:
bytheway.... Yu has the same offer on calls. 5CENTS per second to all networks..
Dahhh that's the same as zain 3/- per minute said differently. 
BBI will solve it :)
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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I wouldnt bet against Safaricom...Zain or whatever its name is will just get its fingers roasted....this strategy will lead to chronic losses...that will lead to the exit of Bharti...Safaricom is a tested horse...many have tried and failed...and whats this nosence about foreigners guys are writting here??? Blame your corrupt GoK...for accepting pirancy money..blame them for mobitelea...and who told GoK to offload their stake Scom???
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Rank: Elder Joined: 7/22/2009 Posts: 7,900
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mozenrat wrote:So how come there wasn't this much hype when Orange launched their Unlimited Calls for Kshs. 100 per month...
Surely that was a better deal than anything being offered now.. Theirs was on orange to orange calls. What percentage of your phone book is "orange"? There is your answer. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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chicks come home to roost! LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
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@Njunge
For the year ended 31 March 2009, under an agreement with Mobitelea Ventures Limited, the Vodaphone Group completed the purchase of a 5% indirect equity stake in Safaricom increasing the Group’s effective interest in Safaricom to 40%.
Fine print in that years annual report... Deal worth 2.5 Billion Kenya Shillings...
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Rank: New-farer Joined: 8/19/2010 Posts: 49 Location: Nairobi
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http://www.vodafone.com/..._statements/note14.html
"(5)During the year ended 31 March 2009, under an agreement with Mobitelea Ventures Limited, the Group completed the purchase of a 5% indirect equity stake in Safaricom increasing the Group’s effective interest in Safaricom to 40%. "
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Rank: Member Joined: 3/10/2008 Posts: 68
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@bss thanks for confirming that. i knew it!
some ppl here dont seem to realize that what has happened has never happened before so it is futile to try to predict what will follow based on the past. the best way is to look at scenarios:
scenario 1: safcon maintains their arrogant shareholder value crap and they get completely ruined. i mean completely! with numbers, zain can also upgrade their data and zap offers. it is not patented technology. btw m-kesho is no longer a unique service as such. other banks (not just equity) already have similar offerings. there is no reason why zain or any other operators cannot implement something similar. the strategy is in the numbers on your register (who knows that better that safaricom??)
scenario 2: safcon joins the fray and their revenue (or at least net profit margin) reduces by half. thats the better option if u ask me.
in both scenarios, shareholders are in funk. the trend that started today is the beginning of a bitter journey to hell (sorry to say).
my 2 cents
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