Browsing: Safaricom

Safaricom slides on weaker earnings outlook

Safaricom shares fell the most in four months after East Africa’s biggest company by market value said profit growth will slow even as the wireless carrier expands its popular mobile banking service.

Safaricom market share falls

Safaricom’s market share dropped 1.6 percentage points to 65.4% in the three months to June as Bharti Airtel’s Kenyan unit and Telkom Kenya increased mobile phone customers at a faster pace.

MTN is Africa’s most valuable telecoms brand

MTN has emerged as Africa’s most valuable telecommunications brand, according to a new research report by brand valuation and strategy consultancy Brand Finance. The MTN brand is worth US$3.3bn, up 9% from

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