Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Safaricom of Kenya Rises Most in 3 Weeks on Higher Revenue Bets

Nov. 3 (Bloomberg) -- Safaricom Ltd., East Africa’s biggest mobile-phone company, rose the most in more than three weeks, on speculation the company increased revenue from data services in the first half.

The stock gained 3.5 percent to 3 shillings by 11:39 a.m. in Nairobi, the biggest advance since Oct. 11. Safaricom will announce its earnings for the six months through September on Nov. 9, the company said yesterday.

“We are expecting good results out of the company,” Amos Odero, a senior equities dealer at Nairobi-based Genghis Capital Ltd., said by phone today. “Subscribers numbers are up and things are looking positive on the data side.”

To contact the reporters on this story: Sarah McGregor in Nairobi at

To contact the editor responsible for this story: Andrew J. Barden at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.