Safaricom already has around 70% mobile market share in Kenya so this might have little impact on the local market for the foreseeable future as many Kenyans have already joined Safaricom to be able to send money to each other. But enabling interoperability will mean it is open to more competitive forces even from its current dominant market position. The second is UK's Vodafone Group announcement last week that it had transferred a 35% stake in Safaricom to its South African subsidiary, Vodacom, in a $2.6 billion deal. This suggests that Safaricom will be able to focus more on a pan-African strategy, particularly through its M-Pesa crown jewel. M-Pesa is the fastest growing revenue generator for Safaricom, as traditional services like voice and SMS slow or shrink. Vodacom has tried unsuccessfully in the past to introduce M-Pesa to South Africa, but the more advanced banking sector made the prospect of mobile money less attractive than in Kenya and Tanzania.