It is excessively signing a deal with a European firm to launch fourth generation technology which go out see increase in the speed of profit society from the current 7 .2 of 2Mbps .Safaricom has also launched new products and serve in the market that the normal `Mwananchi can afford e .g . bamba 20 , bemba bamba and super ongea tariff which is as low as 80 cents . In September , 2001 it launched ATM top up for its pre-paid subscribers to alter top up at teller instrument . It has also created technological problem solving techniques . In the clipping by MaryAnn and Chris (2009 ) the go with has created the widest engagement coverage in Kenya to retard that subscribers possess clear signal when communicating (p .35 . Business pass along Solutions has enabled fast(a) and affordable communication to a large audienceAccord ing to Less (2009 ) Safaricom has a turnover of 70 .5 gazillion revenues from 61 .4billion the previous consecrate , a 14 .8 increase , with a market capitalization of 148 billion (p .18 .Safaricom controls the stock market with a listing of 40 billion shares , the highest in Africa . It has an operating profit of16 .
2 billion with a profit before tax of 15 .3 billion (Less ,2009 .Cash of 30 .1 billion from operations remained strong enabling the company to flip ones lid its network coverage and ensure that it had a strong network to handle its increasing subscribers . The shareholders fund increase by 19 .9 to 51 .2 billion (Michael Joseph 2009 The grap! h shows how the number of subscribers have significantly increased as at Nov 2009Though Safaricom runs the telecommunication industry , it has been go about with stiff competition from other companies as Zain , Orange , Econet radiocommunication , Access Kenya and Wananchi on position . Safaricom has continued market leading with a control of 79 .1 of...If you want to get a full essay, order it on our website:
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