Safaricom launches second phase of fibre rollout in Eldoret

15 Nov 2016

Kenyan telecoms operator Safaricom has embarked on the second phase of its fibre-optic rollout in the city of Eldoret, following the deployment of its network in Nairobi, Kisumu and Mombasa. The company’s Enterprise business division is offering the new high speed service to SMEs within its fibre footprint, with network coverage ‘set to connect every part of the country in the coming years to deliver quality service to customers’.

Earlier this month Safaricom reported service revenue of KES98.01 billion (USD944 million) for the six months ended 30 September 2016, an increase of 15.4% from KES84.91 billion in the year-ago period, driven by mobile data and the firm’s mobile banking service M-PESA, while total revenue rose 5.0% year-on-year to KES102.09 billion. Net profit for the period climbed by 32.4% to KES23.93 billion, up from KES18.08 billion in the six months ended 30 September 2015.

Kenya, Safaricom