NAIROBI, Kenya, Jan3 – Kenya’s mobile subscriptions hit 41 million in the first quarter of the 2017/2018 Financial Year report for July to September 2017 by Competition Authority of Kenya.
CA report shows Safaricom lost 0.7 percentage points of subscribers to record a market share of 71.9 percent in mobile subscriptions while Airtel Networks Limited market share stood at 14.9 per cent during the period under review down from last quarter’s 15.3 per cent.
Telkom Kenya Limited market share, however, rose by 1.2 percentage points to stand at 8.4 per cent from 7.2 per cent recorded last quarter while Finserve Africa Limited registered a market share of 4.7 per cent up from 4.6 per cent.
On the other hand Mobile Pay Limited and Sema mobile Services market shares stood at 0.2 per cent and 0.0 per cent respectively.
Mobile penetration during the period under review rose to 90.4 per cent up from 88.7 per cent recorded during the previous quarter.
“Active mobile money transfer subscriptions hit 28.1 million while the number of registered agents stood at 184,537.M-PESA services posted a market share of 80.8 per cent, while Equitel Money posted a market share of 6.8 per cent. Airtel Money and Mobile Pay Limited attained 5.8 and 0.3 per cent market shares respectively,” the report states.
Overall, there were 537 million transactions, valued at Sh1.65 trillion.
Internet subscriptions in Kenya have also continued to grow.
According to the finding by the communication watchdog, the subscriptions grew by 4.3 percent to hit 30.8 million subscriptions. Mobile data subscriptions contributed 99 per cent of the total Internet subscriptions.
The number of estimated Internet users grew to 51.1 million users recording a 12.5 percent growth up from 45.4 million users the previous quarter.
Additionally, the number of broadband subscriptions grew by 14.3 percent to reach 17.6million from 15.4 million recorded during the previous quarter.