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June 02, 2015 4:23 PM ET

Wireless Telecommunication Services

Company Overview of Safaricom Limited

Company Overview

Safaricom Limited, together with its subsidiaries, provides integrated telecommunication services in Kenya. It offers mobile voice and data prepaid and postpaid services to consumers and businesses; and converged services to businesses, including small and medium enterprises, and corporate customers. The company also sells various devices, such as mobile handsets, mobile broadband modems, routers, tablets, netbooks, and laptop computers. In addition, it offers a range of voice plans on prepaid and postpaid options with SMS and data services; voice services, including national, regional, and international roaming services; Okoa Jahazi, an emergency credit-based top-up service; Bonga, a custom...

Safaricom House

Waiyaki Way

Westlands

PO Box 66827

Nairobi,  00800

Kenya

Founded in 1993

4,022 Employees

Phone:

254 20 427 3272

Key Executives for Safaricom Limited

Safaricom Limited does not have any Key Executives recorded.

Safaricom Limited Key Developments

Safaricom Launches the Box

Safaricom has launched its decoder, the Box, that will enable access to TV content and the internet. Through the launch the company looks into pushing data more, however, the telecom giant still awaits an approval by Communications Authority of Kenya (CA) for a broadcasting license that will enable the company develop and host more content. The decoder is a DVB-2 device with a major focus on data and internet provision to households that own a TV set but will also have the capability to offer free-to-air (FTA) channels which should allow for a larger segment of the population wanting to get in on the latest product on offer. The telco believes that in East Africa, the growth of the mobile sector and the decline of standard television needs provides a good opportunity for the introduction of the Box into the market for those seeking to watch their favorite shows, participate in gaming with friends and expand the overall market share of Safaricom in previously small sectors. The Box' will serve as a Wi-Fi hotspot connecting up to 10 users and support data-heavy applications. The decoder's first payment option will see subscribers pay an initial cost of KES 4,999 followed by six monthly installments of KES 999. The second option of a one-off fee of KES 9,999 allows access to free-to-air channels and up to 6GB in data bundles for a month and free YouTube access. Subscribers who choose this option can also buy bundles of up to 50GB for KES 4,000. Safaricom said customers will be able to top up their balances by buying monthly bundles using airtime or M-Pesa, on predefined USSD and WAP interfaces. The decoder will allow subscribers to leverage extensively on the 3G and 4G networks to access content. The decoder which will be available in all major cities countrywide makes Safaricom the first telco to venture into the TV business.

Safaricom to Extend 4G Coverage to 13 Towns by the Year-End of 2015

After Safaricom rolled out its 4G network in Nairobi and Mombasa, the company plans to extend it to another 13 towns and cities by end of 2015. The LTE Advanced network offers peak speeds of up to 100Mbps, which is more than twice the speed offered on 3G technology. This makes it possible for customers to download and upload files faster, as well as enjoy buffer-free streaming of audio and video.

Safaricom Limited, 2015 Earnings Call, May 07, 2015

Safaricom Limited, 2015 Earnings Call, May 07, 2015

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