Vodafone to sell 35pc of its Safaricom stake

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mwalimu
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Vodafone to sell 35pc of its Safaricom stake

Unread post by mwalimu » Mon May 15, 2017 8:04 am

Why?
Anbody know about the deal.
is the deal still in progress.

I wanna by a big stake

anonymousz
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by anonymousz » Mon May 15, 2017 8:51 am

Float it on NSE & give Kenyans first choice!!!

http://uk.reuters.com/article/us-vodaco ... KKCN18B0K5

mwalimu
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by mwalimu » Mon May 15, 2017 9:02 am

This looks like CORPORATE Thuggery

anonymousz
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by anonymousz » Mon May 15, 2017 9:09 am

Safaricom make insane money in .KE ... ~1B a day

Garlic
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by Garlic » Mon May 15, 2017 1:02 pm

mwalimu wrote:
Mon May 15, 2017 8:04 am
Why?
Anbody know about the deal.
is the deal still in progress.

I wanna by a big stake
Not selling.. Transferring its stake to its South African subsidiary Vodacom. They still own them. It's more like house keeping stuff.

Ole
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by Ole » Mon May 15, 2017 1:25 pm

safaricom is robbing hapless Kenyans of their hard earned money. we need more carriers competion in order to lower costs.

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joste
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by joste » Mon May 15, 2017 2:12 pm

Nonsense. How many carriers have come and go and Kenyans didn't give them a chance?

Some like Yu were offering almost free services yet Kenyans were glued to Safaricom like a woman in an abusive marriage who doesn't want to let go!

Kenyans deserve what they are getting from Safaricom until they learn the value of competition and give other players a chance.
Ole wrote:
Mon May 15, 2017 1:25 pm
safaricom is robbing hapless Kenyans of their hard earned money. we need more carriers competion in order to lower costs.
It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest... - Adam Smith in Wealth of Nations, 1776.

Ole
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by Ole » Mon May 15, 2017 3:21 pm

joste wrote:
Mon May 15, 2017 2:12 pm
Nonsense. How many carriers have come and go and Kenyans didn't give them a chance?

Some like Yu were offering almost free services yet Kenyans were glued to Safaricom like a woman in an abusive marriage who doesn't want to let go!

Kenyans deserve what they are getting from Safaricom until they learn the value of competition and give other players a chance.
Ole wrote:
Mon May 15, 2017 1:25 pm
safaricom is robbing hapless Kenyans of their hard earned money. we need more carriers competion in order to lower costs.
why do you think our people like sufferycom a lot? Is it prestigious to havwork their line as opposed to the others? Or they have a better network and services?

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joste
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by joste » Mon May 15, 2017 3:38 pm

Whatever, Kenyans are themselves to blame for never having given a chance to the numerous players who have tried to compete with Safaricom.

Airtel/Zain invested so much in Kenya, even budgeting for a five-year lose, but all in vain. They left with tail between the legs.

Let Kenyans suffer in silence, it seems they enjoy the suffering!
Ole wrote:
Mon May 15, 2017 3:21 pm
joste wrote:
Mon May 15, 2017 2:12 pm
Nonsense. How many carriers have come and go and Kenyans didn't give them a chance?

Some like Yu were offering almost free services yet Kenyans were glued to Safaricom like a woman in an abusive marriage who doesn't want to let go!

Kenyans deserve what they are getting from Safaricom until they learn the value of competition and give other players a chance.
Ole wrote:
Mon May 15, 2017 1:25 pm
safaricom is robbing hapless Kenyans of their hard earned money. we need more carriers competion in order to lower costs.
why do you think our people like sufferycom a lot? Is it prestigious to havwork their line as opposed to the others? Or they have a better network and services?
It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest... - Adam Smith in Wealth of Nations, 1776.

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pj wa njambi
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by pj wa njambi » Mon May 15, 2017 7:53 pm

Correct...seems like they are just transferring tasks/responsibilities from one group to another, as well as Accounting/Finance from one set of books to another.

However, this some times does happen when a company is planning to spin off a division as a stand-alone and perhaps sell it or attract buyers.
Garlic wrote:
Mon May 15, 2017 1:02 pm
mwalimu wrote:
Mon May 15, 2017 8:04 am
Why?
Anbody know about the deal.
is the deal still in progress.

I wanna by a big stake
Not selling.. Transferring its stake to its South African subsidiary Vodacom. They still own them. It's more like house keeping stuff.
God makes everything come out right; he puts victims back on their feet. Psalm 103: 6 (The Message Translation)

anonymousz
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Re: Vodafone to sell 40pc of its Safaricom stake

Unread post by anonymousz » Mon May 15, 2017 10:39 pm

<> SafariCom (.KE) is a MONOPOLY (we've argued this point many times before)
<> even IF Vodafone plans transferring it's ~40% stake in SCOM to it's South Africa Subsidiary Vodacom , STILL, .KE Gov can/should argue it be sold to .KE investors, or VOD ( South Africa Vodacom) be cross referenced in NSE ( read: traded/made available to .KE investors)

References/footnotes:
* Vodacom has mobile network operations in South Africa, Tanzania, DRC, Mozambique and Lesotho, Nigeria, Zambia, Angola, Kenya, Ghana, Côte d'Ivoire, Cameroon. Through Vodacom Business Africa (VBA), Vodacom also offer business managed services to enterprises in over 30 countries across Africa.
* Vodacom shares are listed on the JSE Limited (VOD): publicly traded in SA
* Vodacom is owned on a 35:65 basis by the South African telecommunications group Telkom and the British mobile phone operator Vodafone. and Telkom said that it would spin off its remaining holding by listing it on the Johannesburg Stock Exchange. On April 1, 2011
* Vodafone owns ~40% of Safaricom, .KE Gov. 35%, publicly traded on NSE 25% (SCOM)

http://www.fin24.com/Tech/Companies/vod ... s-20170515

mwalimu
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by mwalimu » Tue May 16, 2017 12:53 am

Now you guys are blaming hapless Kenyans ............... yet we all know that SUFFER-RI-KOM... is a dominant player with about 80% of market share
A hapless mwananchi cannot take on such a big player .......... hence there are competition and anti-competition laws and TRIBUNAL.

This dominant players seduce you and LOCK-YOU in ndaaaaaaaaaaaaaaaaaaani ndaaani ndaaaaaaaaaaani kabisa kabisa.

The ball rests squarely on the GOVT to declare them dominant and allow them to cede some space to YU-TELKOM


if not sell ... to sell another 10% stake to Kenyan DIASPORA instead of VODACOM

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joste
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by joste » Tue May 16, 2017 4:44 am

Mwalimu,

How many times havr you used YU instead of Safaricom? Remember, YU is almost giving out free services.

There's nothing the Government can do about Safaricom dominance until Kenyans like you appreciate other players in the market!
mwalimu wrote:
Tue May 16, 2017 12:53 am
Now you guys are blaming hapless Kenyans ............... yet we all know that SUFFER-RI-KOM... is a dominant player with about 80% of market share
A hapless mwananchi cannot take on such a big player .......... hence there are competition and anti-competition laws and TRIBUNAL.

This dominant players seduce you and LOCK-YOU in ndaaaaaaaaaaaaaaaaaaani ndaaani ndaaaaaaaaaaani kabisa kabisa.

The ball rests squarely on the GOVT to declare them dominant and allow them to cede some space to YU-TELKOM


if not sell ... to sell another 10% stake to Kenyan DIASPORA instead of VODACOM
It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest... - Adam Smith in Wealth of Nations, 1776.

mwalimu
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Re: Vodafone to sell 40pc of its Safaricom stake

Unread post by mwalimu » Tue May 16, 2017 5:11 am

i think TELKOM SA sold its shares in Vodacom and started its own mobile company
................ thats what i think happened

anonymousz wrote:
Mon May 15, 2017 10:39 pm
<> SafariCom (.KE) is a MONOPOLY (we've argued this point many times before)
<> even IF Vodafone plans transferring it's ~40% stake in SCOM to it's South Africa Subsidiary Vodacom , STILL, .KE Gov can/should argue it be sold to .KE investors, or VOD ( South Africa Vodacom) be cross referenced in NSE ( read: traded/made available to .KE investors)

References/footnotes:
* Vodacom has mobile network operations in South Africa, Tanzania, DRC, Mozambique and Lesotho, Nigeria, Zambia, Angola, Kenya, Ghana, Côte d'Ivoire, Cameroon. Through Vodacom Business Africa (VBA), Vodacom also offer business managed services to enterprises in over 30 countries across Africa.
* Vodacom shares are listed on the JSE Limited (VOD): publicly traded in SA
* Vodacom is owned on a 35:65 basis by the South African telecommunications group Telkom and the British mobile phone operator Vodafone. and Telkom said that it would spin off its remaining holding by listing it on the Johannesburg Stock Exchange. On April 1, 2011
* Vodafone owns ~40% of Safaricom, .KE Gov. 35%, publicly traded on NSE 25% (SCOM)

http://www.fin24.com/Tech/Companies/vod ... s-20170515

mwalimu
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Re: Vodafone to sell 35pc of its Safaricom stake

Unread post by mwalimu » Tue May 16, 2017 5:12 am

I use yu all the time for money transfer ............... because i work there

GOVT can Curtail SAFARICOM
joste wrote:
Tue May 16, 2017 4:44 am
Mwalimu,

How many times havr you used YU instead of Safaricom? Remember, YU is almost giving out free services.
There's nothing the Government can do about Safaricom dominance until Kenyans like you appreciate other players in the market!

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