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Thursday, March 18, 2010

"Our intention is that 25 per cent of our revenue in two years time will come from data. It’s probably about 13 per cent right now," he said.

Joseph said more than three million Safaricom users now accessed the Internet on a mobile phone, or via a portable modem. But he said the potential number of mobile Internet users could easily top 10 million in Kenya, where infrastructure is still poor and mobile Internet penetration is below 10 per cent.

"This should easily be 10 or 20 per cent over the next two years," he said. Joseph said the firms money transfer service, M-Pesa, now has 9.3 million registered users in a country, where the majority of people do not have access to a bank. "We’re doing about 15 million dollars a day in transactions," he said.

In November, Safaricom said daily M-pesa transactions amounted to $10 million daily.
Reports,The Standard Newspaper

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