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Safaricom, Kenya's leading telecom, reports a significant revenue rise, with M-PESA driving 44.2% of service income.
Safaricom, Kenya's top telecom firm, reported a 11.2% rise in revenue to $3 billion for the year ending March 2025, with net income up 10.8%.
M-PESA, its mobile money service, contributed 44.2% of Kenya's service revenue.
Despite challenges in Ethiopia, Safaricom expects significant improvement in its Ethiopian operations, with a planned dividend payout of $435 million.
The company is eyeing further growth and innovation, aiming to transform into a tech firm.
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Safaricom, el principal proveedor de telecomunicaciones de Kenia, informa de un aumento significativo de sus ingresos, con M-PESA impulsando el 44,2% de los ingresos por servicios.