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Airtel Africa, has crossed the 100 million customers mark across its operations in Africa, making it the second largest mobile operator in Africa by number of active subscribers.
Airtel is present in 14 countries across Africa, and says the growth is due to an under-penetrated telecom market, a young addressable population and rising smartphone affordability, along with low data penetration and an underbanked population.
In a statement, Raghunath Mandava, Airtel Africa’s Chief Executive Officer, said: “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.”
According to the firm, the growth opens up more opportunities for the data and mobile money segments moving forward. To grow the market, Airtel is also expanding its network footprint and number of 4G sites to enhance network capabilities and support its future business growth.
