Safaricom Plc - Company Profile
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Safaricom Plc (Safaricom) is an integrated communications company that provides mobile and fixed voice, data prepaid, and postpaid services. The company offers mobile and fixed voice, short messaging service (SMS), data, internet services. It offers a wide range of handsets, modems, routers, tablets, accessories, and other data products. The company operates through a network of enabled base stations, distribution outlets, and retail shops. It also provides M-PESA, a service that allows customers to transfer money using mobile phones. The company serves businesses, small and medium enterprises, corporate organizations and markets its products under Safaricom, Safaricom Platinum, M-Pesa, and DigiFarm brands. Safaricom is headquartered in Nairobi, Kenya.
Headquarters
Kenya
Address
P.O. Box 66827, Nairobi, 00800
Website
www.safaricom.co.ke
Telephone
254 722 003272
No of Employees
6,616
Industry
Technology and Communications
Ticker Symbol & Exchange
SCOM (NBO)
Revenue (2022)
$2.7B
4.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-10.6%
(2022 vs 2021)
Market Cap*
$5.2B
Net Profit Margin (2022)
XYZ
-14.3%
(2022 vs 2021)
* As of and is in US$
Safaricom Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| SIM Swaps | Mobile Phone Services | : |
| Decoders | Fixed Line Service | Safaricom |
| Accessories | Internet Services | Safricom Platinum |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, M-PESA entered into an international money transfer agreement with Onafriq to support the enhancement of remittance processes in Ethiopia. |
| 2024 | Contracts/Agreements | In March, the company and Longhorn Publishers Plc entered into a partnership to transform curriculum books into digital formats. |
| 2023 | Contracts/Agreements | In December, the company in partnership with Mdundo.com launched a new subscription service. |
Competitor Comparison
| Key Parameters | Safaricom Plc | MTN Group Ltd | Telkom SA SOC Ltd | Airtel Kenya Ltd | Globacom Ltd |
|---|---|---|---|---|---|
| Headquarters | Kenya | South Africa | South Africa | Kenya | Nigeria |
| City | Nairobi | Roodepoort | Centurion | Nairobi | Lagos City |
| State/Province | - | Gauteng | - | Nairobi | Lagos |
| No. of Employees | 6,616 | 19,295 | 9,868 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Adil Arshed Khawaja | Chairman | Executive Board | 2023 | 52 |
| Peter Ndegwa | Director; Chief Executive Officer | Executive Board | 2020 | 54 |
| Dilip Pal | Chief Financial Officer; Director | Executive Board | 2020 | 57 |
| Esther Masese Waititu | Chief Financial Officer | Senior Management | 2023 | - |
| Cynthia Karuri-Kropac | Chief Enterprise Business Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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