Safaricom flags Ethiopia prospects as startup costs cut earnings

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Kenyan telecoms operator Safaricom's core earnings fell by a fifth in the year to March 31, hit by the cost of starting operations in Ethiopia, it said on Thursday.

, launched its Ethiopia network last year, betting that the populous nation will power growth after about five years of investment.

"The Ethiopia opportunity cannot be understated," he said, adding that Safaricom will start offering financial services in the quarter starting next month. It expects core earnings to come in at 75 billion to 81 billion shillings this financial year, Ndegwa said, as the rollout costs of the Ethiopia network continue to take a toll.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 31. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama