Equitel Share Rises as Safaricom’s Declines

Wednesday, September 23, 2015

Equitel, the telecommunications arm of Equity Group, grew its share of the mobile telephony market to 2.4 per cent in June from 1.9 per cent in March, fresh official data showed on Friday, as big players marginally lost ground.

Communications Authority, the industry regulator, reported that while Equitel gained 0.5 per cent share, giant Safaricom and Airtel shed 0.1 and 0.8 per cent per cent share, respectively.

Telkom Kenya's Orange however gained an 0.4 per cent additional share of the 36.11 million-subscriber market – a 3.7 per cent rise over the three months.

This means 3.9 million subscribers enrolled to the mobile network during the 12-month period to June having been at 32.2 million in June 2014.

Mobile penetration however dropped by 1.6 per cent to 83.9 per cent after population estimates were revised to 43 million from 40.7 million previously.

 

Source: Toronto Star (link opens in a new window)

Categories
Technology
Tags
digital payments, mobile money, telecommunications