Safaricom targets 5.5 million users by end-2007

14 Feb 2006

Kenyan cellco Safaricom has announced plans to increase its customer base to 5.5 million by the end of 2007, up from 3.5 million today. The mobile operator, which is 40% owned by Vodafone, had initially targeted three million subscribers by 2020, a figure it has already surpassed. It said the bulk of subscribers will come from expansion into rural areas of the country. It also plans to roll out a 3G network by 2008, although it says it will enter the advanced services arena with caution as the cost of services will be too high for most Kenyans.

Kenya, Safaricom