SAFARICOM FY

–Service revenue grew by 10% from sh.204.1bn to 224.5bn
–Earnings before interest and Tax at sh.79.3bn
–Earnings per share at ksh.1.38 versus 1.15 in 2017
–Free cashflow at ksh.55.4bn versus 43.5bn in 2017
–Sh36.4billion invested in Capex
–49% growth in our 4G footprint and 200% growth in fiber footprint
–1.4mn additional customers;total customers now at 29.6mn
–Mpesa grew by 14.2 percent Year on Year, Mobile data grew 24 percent
M-PESA now has 20.5 million 30 day active customers and more than 101,000 active merchant.
–M-PESA contributes 28% of revenue. Data 16%
Mpesa revenue in FY2018 is at ksh.62.9bn
Mobile data revenue grew to Sh36.4billion
–Proposed dividend at ksh.1.1 per share or ksh.44.07bn
–Fixed data which we called out as the growth engine in last years results is now growing at 27 %YoY and is now 3% of service revenue.
–Safaricom now has 4,945 sites, including 1,648 4G sites and 4,183 3G sites.141,000 already connected to home fiber
– The healthy EBITDA of Kes112.8b was sufficient to reduce Net debt by 12.5b, pay dividends of 38.9b and invest 36.4b in CapEx.
FY guidance for 2019 at ksh.85-89bn EBIT
Capex will be between 35-38bn
and finally
SAFARICOM CEO Bob Collymore announces his return

New business growth to be driven by e-commerce (Masoko), M-PESA (global payments, taking M-PESA beyond Kenya) and expansion of non-telco propositions (Safaricom Fibre To The Home and Fibre To The Business, content partnerships)

Impressive results though Telkom is going hard on Safaricom when it comes to data.

Watu wa mobitelea (Moi&biwot telecom ) watapata ngapi? 6%= ksh.2.4 billion dividends just like that ?? If money could buy death wengi wangefufuka.

There are talkers who brand others peasants for thinking in that line

Nimewangoja sana

Hehe so CapEx is not another company, learning everyday…