Peter Ndegwa officially took over as Safaricom CEO on April 1, 2020.
Ndegwa joins the telco from Diageo, a British alcoholic beverages company, where he was the managing director of Diageo Continental Europe.
He joins Safaricom at a tricky time, with the world battling the spreading COVID-19 pandemic, which is likely to mean tough economic times ahead for East African businesses including telecoms operators.
As of April 1, Kenya had 59 confirmed cases of COVID-19. The government has enforced a mandatory, country-wide curfew between 7 p.m. and 5 a.m. each day and all international flights in and out of Kenya had been suspended.
According to The Star, Ndegwa began his new role on Wednesday despite being in self-quarantine, having come into the country from Tanzania. Joseph told the newspaper that Ndegwa had already been participating in Safaricom's meetings and engaging with the board over the past few months. Joseph will stay on for a few months to help guide Ndegwa in the new role.
Safaricom is Kenya's leading mobile operator with over 33 million customers and a market share of close to 66%. Safaricom is listed on the Nairobi Securities Exchange (NSE) with annual revenues in excess of KES200 billion ($1.9 billion).
South Africa's Vodacom owns a 35% stake in the operator, the Kenyan government another 35% stake, while 25% is traded on the NSE and the Vodafone Group owns a further 5%.
With the trend to extreme cellular capacities, new generations of advanced antennas have evolved, adding new possibilities and claiming crucial roles in building efficient 5G networks.
This webinar looks at the key network infrastructure decisions that mobile operators will need to make as they place their 5G plans, with a particular focus on the latest antenna technology and the benefits of beamforming.
It looks at:
How spectrum, land topography and traffic affect your 5G RAN designs.
The rise of beamforming antennas: why, which, when and where?
Under the hood: building a Massive MIMO beamforming antenna.