January 30, 2015 10:51 AM 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 4G Internet in Kenya

SAFARICOM launched fourth-generation (4G) Internet services, seeking to capitalize on burgeoning mobile Internet use in the country. The government of the east African nation of 40 million people wants the use of 4G high-speed broadband network to help raise the Internet's contribution to economic growth to 10% in 2017 from about 3% this year. The 4G service is a central part of its attempts to further expand its data business to counter slower growth in voice calls revenue.

Safaricom Launches Advanced 4G Network in Kenya

Safaricom has launched it's LTE Advanced 4G LTE network in Kenya. The company is set to roll the 4G services in Nairobi and Mombasa before scaling up in major towns in the coming months.

MoneyGram and Safaricom Expand Access to Remittances in Kenya

MoneyGram and Safaricom announced the launch of a new service that enables consumers in over 90 countries outside Kenya to send money directly to M-PESA. The new offering makes it easier, faster and more convenient for Kenyans living in more than 90 countries to send money directly to nearly 20 million M-PESA customers living in the country, opening up the possibility to tap into the over $1.7 billion sent home by Kenyans abroad every year. The introduction of the new service will mean that M-PESA subscribers will be able to receive funds into their account 24 hours a day, 7 days a week and 365 days a year. Consumers can visit MoneyGram locations in 90 countries or MoneyGram Online to send funds to an M-PESA customer in Kenya. The M-PESA customer will receive an SMS in real time confirming that the funds have arrived and will be able to collect the cash from an M-PESA agent.

Similar Private Companies By Industry

Company Name Region
Onfon Media Limited Middle East/Africa
Packet Stream Data Networks Limited Middle East/Africa
Africa's Talking Ltd Middle East/Africa
Essar Telecom Kenya Limited Middle East/Africa
Airtel Kenya Limited Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 28, 2014
Essar Telecom Kenya Limited
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Safaricom Limited, please visit www.safaricom.co.ke. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.