AIRTEL AFRICA HITS 100 MILLION SUBSCRIBER MARK
Written by Millennium on August 29, 2019
BUUMBA CHIMBULU writes
@SunZambian
AIRTEL Africa has crossed the 100 million customers mark across its operations.
The company, with operations in 14 countries across Africa, is the second largest mobile operator in Africa by number of active subscribers.
Commenting on the development, Airtel Africa’s Chief Executive Officer, Raghunath Mandava, said the achievement was a clear reflection that the company’s customers valued its network, service offerings and customer experience.
Mr Mandava in a statement yesterday attributed the success to its customers and employees.
“I am delighted to report that Airtel Africa has crossed the 100 million subscriber mark, “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” he said.
Mr Mandava said Airtel Africa’s footprint was characterised by low but increasing mobile connectivity, with a unique user penetration at 43 percent, highlighting the potential for growth across its footprint.
He however said combination of an under-penetrated telecom market, rising smartphone affordability, would drive the growth opportunities for the data and mobile money segments forward.
“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,” Mr Mandava said.
