Safaricom PLC

Overview

  • Sectors IT & Telecom
  • Posted Jobs 6
  • Viewed 168
  • Founded Since  1850

Company Description

Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya. It is the largest telecommunications provider in Kenya and one of the most profitable companies in the East and Central Africa region. The company offers mobile telephony, mobile money transfer, consumer electronics, e-commerce, cloud computing, data, music streaming, and fiber optic services. It is most renowned as the home of M-PESA, a mobile banking SMS-based service.

Safaricom controls approximately 65.7% percent of the Kenyan market as of 2024 with a subscriber base estimated at approximately 47 million.

In terms of voice market and SMS market share, Safaricom controls 69.2% and 92.2% respectively.