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Originally published by Tech Arenatech
November 7, 2025
2h ago
Safaricom’s HY26: Cloud, IoT and Fiber Emerge as the Next Big Growth Engines

Safaricom’s HY26 results highlight new growth drivers beyond mobile — cloud services, IoT, and fiber connectivity are emerging..
✨ Key Highlights
Safaricom's latest results (HY26) indicate a significant shift towards becoming a TechCo, with cloud, Internet of Things (IoT), and fiber connectivity emerging as major growth drivers beyond traditional mobile and M-PESA services.
- Fixed Service and IoT revenue increased by 9.5% to KShs 9.77 billion in the six months to September 2025.
- IoT revenue alone saw a rise of 19.8%, reaching KShs 571 million.
- The fiber business expanded substantially, connecting 355,000 homes via FTTH, an increase of 35.1% year-on-year, while enterprise fixed connections grew by 16.7% to 77,000 customers.
- Safaricom is strategically positioning itself to leverage Kenya’s maturing digital economy, with its enterprise segment – including cloud hosting, IoT, and cybersecurity – projected as a key growth pillar.
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