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NAIROBI: Kenya's biggest telecoms operator<\/a> Safaricom<\/a> is encouraged by the positive outlook in Ethiopia and plans to start operations there this year, its chief executive said on Thursday after reporting a 13.5% rise in group operating profit.
The company, which is partly owned by South Africa's Vodacom and Britain's Vodafone, secured a licence to operate in neighbouring Ethiopia a year ago, but is yet to launch operations there.
Safaricom<\/a> said in November that the war that broke out in 2020 between the Ethiopian government and Tigray People's Liberation Front could affect its initial target of breaking even within four years of the subsidiary's launch.
\"Ethiopia has experienced some unforeseen and unprecedented circumstances since our licence award,\" Safaricom's CEO Peter Ndegwa told an investor briefing on Thursday.
\"We are encouraged though by the positive outlook to Ethiopia's security and political situation, and the return to normal economic activity in most of the areas in the country,\" he said.
The group will still launch commercial operations there this year, he added.
To supplement its network, which will launch with 1,000 base transmission stations, Safaricom will connect to and eventually share towers with state telecoms firm Ethio Telecom, he said.
\"That is an important part of our ability to launch,\" he said, adding that a deal on the tower network will be done by the end of this month.
The Ethiopian telecoms regulator signed off on the plan for the firms to share infrastructure last month.
Safaricom's earnings before interest and taxes (EBIT) jumped to 109.1 billion Kenyan shillings ($940.52 million) in its year to the end of March, driven by its financial services business, it said.
In its home market, service revenues rose 12.3%, with revenue from mobile money platform M-Pesa surging by close to a third.
M-Pesa, launched as the world's first ever mobile phone-based money transfer service 15 years ago, has over the years grown to largely outpace revenues from data and voice.
Safaricom cut its final dividend by almost a fifth to 0.75 shillings and guided for EBIT to reach 87 billion to 93 billion shillings in its year to the end of next March.
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肯尼亚的Safaricom乐观跳在埃塞俄比亚的利润
该公司在一定程度上是由南非的Vodacom和英国的沃达丰(Vodafone),获得了营业执照在邻国埃塞俄比亚一年前,但尚未启动操作。
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内罗毕,肯尼亚最大的电信运营商 Safaricom鼓励积极的前景在埃塞俄比亚和计划今年开始行动,其首席执行官说周四公布集团营业利润将增长13.5%。
该公司在一定程度上是由南非的Vodacom和英国的沃达丰(Vodafone),获得了营业执照在邻国埃塞俄比亚一年前,但尚未启动操作。
Safaricom说11月之间的2020年战争爆发,埃塞俄比亚政府和提格雷人民解放阵线可能影响其最初的目标打破甚至在四年内子公司的发射。
“埃塞俄比亚经历了一些不可预见的和前所未有的环境因为我们的许可合同,“Safaricom首席执行官彼得Ndegwa周四告诉投资者简报。
“我们鼓励的积极前景埃塞俄比亚的安全和政治局势,以及恢复正常经济活动在这个国家的大部分地区,”他说。
该集团今年将仍然发射商业运作,他补充说。
来补充其网络,这将与1000年发射基地传输电台,Safaricom将连接到最终分享与国家电信公司Ethio电信塔,他说。
“这是我们推出的能力的一个重要组成部分,”他说,补充说,塔网络协议将由本月底完成。
埃塞俄比亚电信监管机构签署了上个月公司共享基础设施的计划。
Safaricom的利息和税收(息税前利润)跃升至1091亿肯尼亚先令(9.4052亿美元)在今年3月底,由其金融服务业务。
在其本土市场,服务收入增长12.3%,收入从移动支付平台m - pesa飙升了近三分之一。
m - pesa,推出了世界上第一个移动电话转账服务15年前,多年来发展到很大程度上超过收入数据和声音。
Safaricom裁减了近五分之一的末期股息0.75先令和指导的息税前利润达到870亿- 930亿先令到明年3月结束。
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