All Safaricom Telecommunications Ethiopia (STE) articles – Page 2
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Weekly Briefings
Vodafonewatch Weekly: nip and tuck all part of the plan, as CEO evinces optimism
In-depth analysis of FY23−24 results as Margherita Della Valle attempts to paint rosy picture of shrinking Group. Storm still to come in Germany, but Spanish exit secured, and confidence around UK merger prospects. Significant developments across (re-shaped) footprint include: changing leadership; strategic partnerships; and an M-PESA spin-off update…
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Weekly Briefings
Vodafonewatch Weekly: cost of Ethiopian expansion laid bare; another twist in M&A tale
Latest from Vodafone, affiliates and partners: Group earns security clearance for UK merger; Ethiopia optimism reiterated despite financial reality check; and TowerCo Inwit braces for reshaped Italian market following MNO reshuffle. More from South Africa, Spain, Netherlands, elsewhere…
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Financial & Performance
Safaricom dials down Ethiopia spending plan as loss drags Group profits
FY23–24: Safaricom slashes five-year investment target for Ethiopia, commits to tightened spend to weather challenging macro environment, but remains positive on progress and outlook.
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People
Vodafone Peoplewatch: senior swaps in Germany as transformation agenda beds in
20+ high-profile moves in and around Vodafone, including: new Business CEO; HR swaps in multiple markets; German consumer services team overhaul; top-level pivots in Africa; plus more across the Group…
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Weekly Briefings
Vodafonewatch Weekly: Della Valle calls for EU rethink as Group begins Italy retreat
Weekly Briefing: Vodafone CEO looks likely to get rationalisation wish granted as Italian escape nears, days after she presented a united front at MWC with European peers to demand change on the continent. Other developments showcased in Barcelona include an XR headset demo and open API momentum…
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Financial & Performance
Vodacom charges past 200 million customer mark
South African group posts positive Q3 numbers, headlined by customer base milestone.
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Weekly Briefings
Vodafonewatch Weekly: antitrust and security scrutiny, home and away
Huge week for Vodafone as M&A activity ramps up: Italy leaves Iliad reeling; Spain progresses; UK gets underway; and Emirati investors dodge security scrutiny. Plus, much more around the Group in Europe, Africa, elsewhere…
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Financial & Performance
Safaricom Ethiopia is yet to get M-PESA up to speed in race with Ethio Telecom
Safaricom Telecommunications Ethiopia hails “great momentum” for M-PESA but its flagship m-money offering remains dwarfed and outpaced by rival Ethio Telecom’s Telebirr, following the latter’s headstart.
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Premium
Vodafone Peoplewatch: 2024 sees tech moves, alumni bagging new CxO spots en masse
January 2024 update: more than half-dozen CxO moves in and out of Vodafone; further tech elevations; BT Sourced lures VPC strategy exec… learn more…
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Premium
Elsewhere in Africa: Orange pulls away from Ethio Telecom transaction
Orange pulls away from Ethio Telecom transaction.
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Premium
Elsewhere in Africa: Vodacom was listed on the A2X exchange to “accelerate” profile
Vodacom was listed on the A2X exchange to “accelerate” profile.
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Financial & Performance
Egypt in the spotlight as Vodacom revenues rocket
H1 FY23–24: Vodafone Egypt consolidation sees Vodacom revenue rise by more than 40%, with data customer and financial services growth playing a part.
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Strategy & Change
Safaricom’s Mutiga: expect rapid device factory acceleration, regional expansion
CBSO speaks to TelcoTitans about the operator’s homegrown smartphone factory venture, saying it will hit capacity within a year, then expand product portfolio and market reach. Read more, incl. key driver not revenue, services tie-in…
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Financial & Performance
Safaricom 2030 strategy: build on Kenya, pursue Ethiopia, leverage data
Jovial CEO boasts strong start to Ethiopian endeavour in upbeat H1 earnings conference; teases upcoming 2026–2030 strategic cycle. Read more from our in-depth coverage…
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Premium
Vodafone Peoplewatch: Safaricom calls in reinforcements after Chair exit
August 2023 update: Michael Joseph leaves Safaricom’s Board in Kenya, with Dr John Mosonik and Murielle Lorilloux joining as Non‑Executive Directors.
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Premium
Elsewhere in Africa: Ethiopia prepares for third operator
Ethiopia prepares for third operator.
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Products & Services
Safaricom launches M-PESA in Ethiopia, aims to mirror Kenyan success
Safaricom Ethiopia sets m-money platform live after three-month trial and Hibret Bank partnership.
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Public Affairs
State of emergency provokes Safaricom Ethiopia network shutdown
Operator shuts down sites in Ethiopia’s second most populous region, Amhara, after conflict breaks out between military and Fano militia.