1 of 1
Story summary
- Safaricom aims to make its infrastructure 5G-ready by 2029, currently supporting one-third.
- The company has 1.1 million 5G customers, targeting 15 million by year-end and 50 million in ten years.
- Expansion into Ethiopia gained 10 million customers, despite initial losses from startup costs and currency reforms.
- Safaricom expects to break even in Ethiopia by 2027 as conditions stabilize.
- CEO Peter Ndegwa highlights the focus on purpose-driven growth and innovation.
