Home › Safaricom sees drop in Ethiopia licence bid price after govt restricts mobile money to domestic firms
 

Keywords :   


Safaricom sees drop in Ethiopia licence bid price after govt restricts mobile money to domestic firms

2020-11-16 09:46:00| Telecompaper Headlines

(Telecompaper) Disclosures contained in a transcript call covering events to the end of July, said Business Daily, reveal that Safaricom sees a licence without mobile money hurting profitability and lengthening the period to recoup the investment. CEO Peter Ndegwa said a licenve that does not include a mobile money license will significantly reduce the level of profitability and therefore in essence, Safaricom's bid price for the licence but also the profitability and payback period.

Tags: price money mobile drop

Category:Telecommunications

Latest from this category

All news
»
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 7
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
More »