Safaricom Plc

Bob Collymore, the chief executive who helped to turn Safaricom Plc <SCOM.NR> into East Africa's most profitable company with an $11 billion valuation, has died after a nearly two-year long battle with cancer.

Shares in Kenya's Safaricom Plc opened 2.7% lower at 27.35 shillings ($0.2672) on Monday after the telecoms company announced the death of Chief Executive Robert William Collymore after a nearly two-year battle with cancer, Refinitiv data showed.

Kenyan telecommunications giant Safaricom's Chief Executive Officer Robert William Collymore has died of cancer, the company said early on Monday.

Kenya's Safaricom Plc warned on Friday that steep increases in taxes on mobile telephone and mobile internet access services could slow its momentum in the second half.

Kenya's Safaricom Plc posted a rise of 7.7 percent in revenue for the first half ended September, driven by growth in its mobile financial services and data, the firm said on Friday.

Safaricom restored services on Sunday after suffering a voice and data outage that affected critical transmission equipment, Kenya’s biggest telecoms company said.

Safaricom has suffered a voice and data outage affecting critical transmission equipment because of a damaged fibre link, Kenya’s biggest telecoms company said on Sunday.

Kenya's Safaricom <SCOM.NR> is in advanced talks with the Ethiopian government to introduce its popular M-Pesa mobile money service, a major step towards establishing a toe-hold in the market of 100 million people, two sources said on Tuesday.

Kenyan taxi-hailing firm, Little, which has a partnership with telecoms operator Safaricom , has sold just under 10 percent of its shares to an unnamed Indian investor for $3 million, it said on Monday.

Kenya's largest telecoms operator Safaricom could be forced to offer rivals access to its transmission sites and its vast network of mobile money outlets if a draft regulatory report on boosting competition in the sector is implemented.

* Company controls about 72 pct of Kenya's mobile market (Recasts with chairman's comments on regulations)

Kenya's largest telecoms operator Safaricom said on Wednesday that it expects its earnings before interest and taxation (EBIT) to rise by 7-12 percent in its financial year to next March.

Safaricom, Kenya's biggest telecoms company, is piloting a social messaging app that will link to its mobile money platform in an attempt to move the company into the application business, the company said on Tuesday.

Safaricom, Kenya's biggest telecoms company, is piloting a social messaging app that will link to its mobile money platform in an attempt to move the company into the application business, the company said on Tuesday.

Telkom Kenya plans to merge operations with Indian-owned Bharti Airtel's <BRTI.NS> local unit as a first step to acquiring all of Airtel's assets, sources said on Tuesday, creating a stronger challenger to market leader Safaricom.

Vodacom Tanzania <VODA.TZ> on Monday named Safaricom's <SCOM.NR> head of consumer business as its new managing director to lead the company that listed in Dar es Salaam last year amid government efforts to expand local ownership of the industry.

* PAYPAL HOLDINGS - CO, SAFARICOM ANNOUNCED COLLABORATION THAT ENABLES KENYANS TO MOVE MONEY BETWEEN M-PESA AND PAYPAL ACCOUNTS Source text for Eikon: Further company coverage:

Kenya's three top telecom companies will offer cross-network money transfers by mobile phone, they said on Friday, in a move expected to boost competition in a lucrative market dominated by Safaricom.

Telkom Kenya relaunched a mobile financial services platform on Monday that it hopes can challenge Safaricom's dominance of Kenya's lucrative mobile money market.