Safaricom’s offer to schools in Kenya

Bob Collymore, CEO, Safaricom (Image source: File)

Kenyan mobile service provider Safaricom this week announced that they will supply free broadband access to schools across the country. The move coincides with the Company’s rollout of government-supplied laptop computers to learners.

Bob Collymore, CEO, Safaricom (Image source: File)
Bob Collymore, CEO, Safaricom (Image source: File)

The company made the announcement after confirming an increase in profit of 45% for the first half of the year.

The company’s SMS service saw a growth of 45%, while mobile data remained popular with a 43% increase. Total revenue climbed 17%, while the country’s hugely-popular M-Pesa service saw an increase of 20%.

“Our M-PESA agents’ outlets grew by 73 percent in the period to 78,856 while voice revenue grew by 12 percent on the back of growing customer base which now stands 20.8 billion,” said Safaricom Chief Executive Officer Bob Collymore.

Collymore explained that due to the rapid growth in profit, the company will expand their laptop programme by including free broadband for Kenyan schools.

“We expect free cash flow to be in the range Sh20 billion to Sh21 billion in the full year results. In consideration of this we are prepared to provide free broadband access to all public primary schools identified as part of the government’s laptop initiative,” he said.

Charlie Fripp – Consumer Tech editor