Airtel Africa has announced that it has it has crossed the 100 million customers mark across its operations in 14 countries. The telco is the second largest mobile operator in Africa by number of active subscribers.
Airtel Africa’s footprint is characterized by low but increasing mobile connectivity, with a unique user penetration at 43%, highlighting the potential for growth across its footprint. The company believes in enhancing connectivity and digitizing the countries in which it operates and has invested to expand its network footprint and number of 4G sites to enhance network capabilities and support its future business growth.
A combination of an under-penetrated telecom market, a young population and rising smartphone affordability, along with low data penetration and an underbanked population, is expected to drive the growth opportunities for the data and mobile money segments moving forward.
Raghunath Mandava, Airtel Africa’s Chief Executive Officer, had this to say, “I am delighted to report that Airtel Africa has crossed the 100 million subscriber mark. This achievement is testament to the hard work of our employees and a clear reflection that customers value our network, service offerings and customer experience. The positive momentum we have seen in customer acquisition, further underpins our medium-term aspirations for revenue and profit growth. I would like to take this opportunity to thank all the teams that have worked hard to get us here.”