All Safaricom articles – Page 3
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Financial & Performance
Vodafone FY23−24 Guidance: muted optimism extends to forecasts
CEO Della Valle continued a trend of paring back and tempering expectations in uninspiring guidance figures.
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Weekly Briefings
Vodafonewatch Weekly: cost of Ethiopian expansion laid bare; another twist in M&A tale
Latest from Vodafone, affiliates and partners: Group earns security clearance for UK merger; Ethiopia optimism reiterated despite financial reality check; and TowerCo Inwit braces for reshaped Italian market following MNO reshuffle. More from South Africa, Spain, Netherlands, elsewhere…
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Financial & Performance
Safaricom dials down Ethiopia spending plan as loss drags Group profits
FY23–24: Safaricom slashes five-year investment target for Ethiopia, commits to tightened spend to weather challenging macro environment, but remains positive on progress and outlook.
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People
Vodafone Peoplewatch: senior swaps in Germany as transformation agenda beds in
20+ high-profile moves in and around Vodafone, including: new Business CEO; HR swaps in multiple markets; German consumer services team overhaul; top-level pivots in Africa; plus more across the Group…
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Public Affairs
Enforced M-PESA spinout delayed by Safaricom $575bn tax exposure
Tax complication delaying spinout of transformational and potentially highly valued African mobile-money pioneer; Central Bank Governor keen to make faster progress on resolution, amidst desire to navigate its local dominance. Read more…
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Weekly Briefings
Vodafonewatch Weekly: Phones 4u legal battle reignite, satcomms remain grounded, enforced M-PESA spin-out hits tax challenge
Latest from Vodafone and its partners, including revived legal wranglings in the UK over Phones 4u collusions claims, Vodafone-backed SpaceMobile still struggling to launch, Safaricom $0.5bn+ tax exposure complicating state-enforced divestment of M-PESA jewel. Plus much more…
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Weekly Briefings
Vodafonewatch Weekly: Germany goes into cost-cutting mode, while shareholder Xavier Niel grumbles about Group strategy
Lots of action in Germany this week as Vodafone announced 2,000 job cuts and new efficiency programme and fibre altnets argued the practical and competitive hurdles holding back gigabit broadband deployments. Read the full briefing…
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People
Vodafone Peoplewatch: Vinod Kumar’s new Dubai digs, fresh faces in shared services…
20+ high-profile moves in and around Vodafone, including: new private equity digs for Vinod Kumar; Group Technology exits; VodafoneZiggo top-team (and ‘value-creating’ exec at part-owner Liberty); plus more across the Group…
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Weekly Briefings
Vodafonewatch Weekly: CEO claims reset success on Italian offload; now for the internal re-jig
Latest from ecosystem: confirmation of Italian exit triggers major overhaul of Group structure and ExCo. Elsewhere: German fibre disputes; M&A in Czechia; more from Africa, Europe, and much beyond…
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Weekly Briefings
Vodafonewatch Weekly: Della Valle calls for EU rethink as Group begins Italy retreat
Weekly Briefing: Vodafone CEO looks likely to get rationalisation wish granted as Italian escape nears, days after she presented a united front at MWC with European peers to demand change on the continent. Other developments showcased in Barcelona include an XR headset demo and open API momentum…
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Weekly Briefings
Vodafonewatch Weekly: M&A, network milestones, and what next for VodafoneZiggo?
Latest in Vodafone: Liberty goes Dutch to prompt Vodafone review; a problem, a solution, and a proposal for M&A in UK, Portugal, and Italy respectively; Turkish DCs set for big investment through new JV; and much more across Europe, Africa, India…
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Weekly Briefings
Vodafonewatch Weekly: Q3 shows progress, amidst German mire and Africa turbo
Beyond overall positive Q3 results: e& continues to be embraced despite national security scrutiny (including joining RAN mega-tender); Vantage Towers deploys a CIO; Amdocs bags TPG; Spain gets the nod + Open Gateway…
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Financial & Performance
Vodacom charges past 200 million customer mark
South African group posts positive Q3 numbers, headlined by customer base milestone.
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Weekly Briefings
Vodafonewatch Weekly: antitrust and security scrutiny, home and away
Huge week for Vodafone as M&A activity ramps up: Italy leaves Iliad reeling; Spain progresses; UK gets underway; and Emirati investors dodge security scrutiny. Plus, much more around the Group in Europe, Africa, elsewhere…
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Financial & Performance
Safaricom Ethiopia is yet to get M-PESA up to speed in race with Ethio Telecom
Safaricom Telecommunications Ethiopia hails “great momentum” for M-PESA but its flagship m-money offering remains dwarfed and outpaced by rival Ethio Telecom’s Telebirr, following the latter’s headstart.
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Weekly Briefings
Vodafonewatch Weekly: another week, another M&A headache
20-plus key updates from around Vodafone and its ecosystem, including: e& stake under scrutiny; Nowo no-go makes for M&A stumble; SpaceMobile gets Vodafone financial boost; Indus points finger at Vi as payments fail to materialise; plus much more in Europe, Africa, further afield…
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Weekly Briefings
Vodafonewatch Weekly: Della Valle kickstarts transformation agenda with deals, restructuring
Latest around Vodafone and its ecosystem, including: Vodafone’s Microsoft megadeal; Safaricom’s newest unicorn-scouting initiative; ‘aggressive’ Auto plans; plus Vantage Towers, EU maneuvers, India, North Africa, and New Year exec changes…
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Partnerships & Alliances
Vodafone signs ‘bold’ Microsoft deal to further AI, cloud, CX, IoT priorities
Wide-ranging collaboration includes $1.5bn Vodafone investment in co-developed solutions; AI adoption at scale; and embrace of Azure ecosystem. Get the full insight…
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Venturing & Investments
Spark: Safaricom freshens venturing model with ecosystem approach
Having achieved mixed results from previous venturing endeavours, Safaricom’s latest startup call aims to provide greater support beyond capital injection.