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HomeDaily NewsThursday, July 24, 2025Telecommunications and Customer Growth in Africa
Technology & Innovation2 stories from 2 sources

Telecommunications and Customer Growth in Africa

Safaricom reaches 50 million customers as it celebrates its 25th anniversary. Airtel Africa reports a 22% revenue increase in Q1 2026.

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Thursday 2:04 PMTech Arena

Safaricom Crosses 50 Million Customers Ahead of 25th Anniversary

Safaricom Crosses 50 Million Customers Ahead of 25th Anniversary

Safaricom has reached a significant milestone by exceeding 50 million customers in Kenya, solidifying its position as the nation's leading telecommunications provider.

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Key Highlights

Safaricom has reached a significant milestone by exceeding 50 million customers in Kenya, solidifying its position as the nation's leading telecommunications provider.

  • 50 million customer mark achieved, more than double that of its competitor Airtel's 24 million
  • Comments from CEO Peter Ndegwa highlight the company's commitment to serving Kenyans
  • Safaricom's services, including M-PESA, have significantly contributed to the local economy, impacting over 1.28 million jobs
Thursday 12:38 PMTechish KenyaFirst

Airtel Africa Delivers 22% Revenue Surge in Q1 2026 as Mobile Money and Data Propel Growth

Airtel Africa Delivers 22% Revenue Surge in Q1 2026 as Mobile Money and Data Propel Growth

Airtel Africa plc reported a remarkable 22.4% increase in revenue for Q1 2026, driven by strong performance in mobile money and data services.

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Key Highlights

Airtel Africa plc reported a remarkable 22.4% increase in revenue for Q1 2026, driven by strong performance in mobile money and data services.

  • Group revenue reached $1,415 million, with EBITDA rising 29.8% to $679 million.
  • CEO Sunil Taldar highlighted enhancements in customer experience and significant network expansions.
  • Airtel Money customers increased by 16.1% to 45.8 million, contributing to a 35% surge in annualized transaction value.
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