Expenditures plummeted 30% in 2024, partly driven by the state of 5g development in japan and the u.s. Safaricom group includes operations in kenya, ethiopia, and several associated ventures Open ran revenues came in weaker than expected in 2024
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Our latest report findings show worldwide open ran revenues are down 30% yoy over the first three quarters (vran revs are down 15% over the same period).
These milestones reflect how open ran is steadily advancing from limited early deployments toward widespread, mainstream use, with major operators setting clear coverage targets through 2025.
Top employer in kenya and africa for the fourth year running awarded by the top employer institute (tei). Join us live as we unpack the safaricom full year 2024/2025 results But, according to téral, open ran revenue actually grew in 2024 — albeit by single digits — contradicting some of these other findings and suggesting stronger momentum than previously reported. The board of directors has declared a final dividend of kes 0.65 per share, adding to the interim dividend of kes 0.55, resulting in a total payout of kes 1.20 per share for fy 2025 — consistent with the distribution for fy 2024.
Alajaji said the operator would be rolling out production open ran in q4 2024 although that might slide into q1 2025, following a “busy year” that came about as a result of an rfi in 2022 and rfps in 2023.