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NAIROBI: Kenya<\/a>'s biggest telecoms operator Safaricom<\/a> lowered on Wednesday its full-year forecast for earnings due to its investment in Ethiopia<\/a>.

The firm, which is part owned by South Africa's
Vodacom<\/a> and Britain's Vodafone, expects earnings before interest and taxes (EBIT) to come in at 97-100 billion Kenya shillings ($896.86 million), its Chief Executive, Peter Ndegwa<\/a>, said.

The group had initially issued a guidance of 105-108 billion shillings. Excluding its investment in Ethiopia, where it plans to launch services mid-next year, the core earnings will be 107-110 billion shillings, Ndegwa said.

Core earnings for the first half to the end of September rose by more than a quarter to 57.9 billion shillings, said Dilip Pal, the firm's chief financial officer.

During the first half, service revenue increased by 16.9% to 138.4 billion shillings, buoyed by a 45.8% jump in revenue from its financial business M-Pesa, Pal said.

Safaricom led a consortium that secured Ethiopia's second telecoms operator license in May, by paying $850 million.

It has been putting together a small team to spearhead the launch of the network next year, but it is now focusing on ensuring the safety of those workers, Ndegwa said, after conflict between the government and rebellious northern forces intensified in recent weeks.

He added, however, that they were hoping that the crisis in Ethiopia will be resolved soon, enabling them to tap the vast opportunities offered by that market.
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肯尼亚的Safaricom降低全年核心收益指导

该公司是由南非Vodacom的一部分,英国的沃达丰(Vodafone),预计利息和税(息税前利润)在97 - 100肯尼亚先令(8.9686亿美元),它的首席执行官彼得•Ndegwa说。

  • 更新2021年11月10日下午02:28坚持
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内罗毕:肯尼亚最大的电信运营商Safaricom周三下调全年盈利预期,由于其投资埃塞俄比亚

该公司是由南非的一部分Vodacom和英国的沃达丰(Vodafone),预计利息和税(息税前利润)在97 - 100肯尼亚先令(8.9686亿美元),它的首席执行官彼得Ndegwa说。

该组织最初发布105 - 108先令的指导。扣除其投资在埃塞俄比亚,它计划发射服务mid-next,核心盈利将107 - 110先令,Ndegwa说。

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核心盈利上半年到9月底上升了超过四分之一579亿先令,Dilip朋友说,该公司的首席财务官。

上半年,服务收入增加了16.9%,至1384亿先令,受其金融业务收入增长45.8% m - pesa,朋友说。

Safaricom领导的财团获得了埃塞俄比亚的5月的第二个电信运营商许可,通过支付8.5亿美元。

已经组建一个小团队带头明年推出的网络,但现在专注于确保这些工人的安全,Ndegwa说,在政府之间的冲突和叛逆的北方军在近几周有所加剧。

然而,他补充说,他们希望在埃塞俄比亚危机将很快得到解决,使他们能够利用市场提供的巨大机会。
  • 发布于2021年11月10日下午02:18坚持
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<\/span><\/figcaption><\/figure>
NAIROBI: Kenya<\/a>'s biggest telecoms operator Safaricom<\/a> lowered on Wednesday its full-year forecast for earnings due to its investment in Ethiopia<\/a>.

The firm, which is part owned by South Africa's
Vodacom<\/a> and Britain's Vodafone, expects earnings before interest and taxes (EBIT) to come in at 97-100 billion Kenya shillings ($896.86 million), its Chief Executive, Peter Ndegwa<\/a>, said.

The group had initially issued a guidance of 105-108 billion shillings. Excluding its investment in Ethiopia, where it plans to launch services mid-next year, the core earnings will be 107-110 billion shillings, Ndegwa said.

Core earnings for the first half to the end of September rose by more than a quarter to 57.9 billion shillings, said Dilip Pal, the firm's chief financial officer.

During the first half, service revenue increased by 16.9% to 138.4 billion shillings, buoyed by a 45.8% jump in revenue from its financial business M-Pesa, Pal said.

Safaricom led a consortium that secured Ethiopia's second telecoms operator license in May, by paying $850 million.

It has been putting together a small team to spearhead the launch of the network next year, but it is now focusing on ensuring the safety of those workers, Ndegwa said, after conflict between the government and rebellious northern forces intensified in recent weeks.

He added, however, that they were hoping that the crisis in Ethiopia will be resolved soon, enabling them to tap the vast opportunities offered by that market.
<\/body>","next_sibling":[{"msid":87623742,"title":"Infineon's quarterly revenue, forecast beats on robust chip demand","entity_type":"ARTICLE","link":"\/news\/infineons-quarterly-revenue-forecast-beats-on-robust-chip-demand\/87623742","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87623837,"entity_type":"ARTICLE","title":"Kenya's Safaricom lowers full-year core earnings guidance","synopsis":"The firm, which is part owned by South Africa's Vodacom and Britain's Vodafone, expects earnings before interest and taxes (EBIT) to come in at 97-100 billion Kenya shillings ($896.86 million), its Chief Executive, Peter Ndegwa, said.","titleseo":"telecomnews\/kenyas-safaricom-lowers-full-year-core-earnings-guidance","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":115,"shares":0,"engagementtimems":530000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-11-10 14:18:39","lastupd":"2021-11-10 14:28:08","breadcrumbTags":["safaricom","kenya","ethiopia","peter ndegwa","vodacom","industry","telecom","telecom operator"],"secinfo":{"seolocation":"telecomnews\/kenyas-safaricom-lowers-full-year-core-earnings-guidance"}}" data-news_link="//www.iser-br.com/news/kenyas-safaricom-lowers-full-year-core-earnings-guidance/87623837">