Airtel Africa, a telecom services provider with operations in 14 countries across Africa, has crossed the 100mn customer mark across its operations in the continent
Airtel Africa is said to be the second-largest mobile operator in Africa by a number of active subscribers.
Raghunath Mandava, Airtel Africa’s CEO, said, “This achievement is a 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,” he stated.
The company, while highlighting the potential for growth, said that its footprint is characterised by low but increasing mobile connectivity, with a unique user penetration at 43 per cent.
The company believes in enhancing connectivity and digitising the countries in which it operates and has invested in expanding 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.
