Kenya's Safaricom plans network expansion after earnings rise

Kenya's Safaricom Ltd plans to expand its mobile and fibre optic network and will launch a home broadband service to boost growth after posting a 17 percent rise in annual earnings. Safaricom, whose capital expenditure rose 21 percent to 33.7 billion shillings, plans to expand its 3G network to cover 80 percent of the population from 69 percent at present. So it's kind of largely business as usual," Chief Executive Bob Collymore told reporters on Thursday. Collymore, whose term as chief executiv