Browsing: telecoms

Airtel recorded a 14 per cent growth in revenue to $ 659 million in East Africa for the six months ending September citing an increase in subscribers.

According to Airtel’s financial report, voice revenues saw a growth of 5.4 per cent to $312 million across the East African market which includes Uganda, Kenya, Tanzania, Rwanda, Malawi and Zambia.

Data service recorded a 21.2 per cent growth in revenues to $ 174 million while mobile money as well saw a 33.2 per cent growth in revenues to $132 million during the period under review.

The telecom said that the double growth in revenue is due to an increase in subscriber numbers from 12.1 million to 14.9 million as well as 4G infrastructure network expansion from 60 per cent to 68.6 per cent of the sites in the period under review.

“Our mobile network in Uganda, Zambia and Malawi now consists of …