Airtel Africa, a leading telecommunications services provider with operations in 14 countries across Africa, announced that it has crossed the 100 million customers mark across its operations.
Airtel Africa 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 addressable population and rising smartphone affordability, along with low data penetration and an underbanked population, will drive the growth opportunities for the data and mobile money segments moving forward.
Raghunath Mandava, CEO, Airtel Africa
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.
