Airtel Africa Launches Its 10th Anniversary, Boasts Of Over 110 Million Subscribers In The Region
Airtel Africa is celebrating its 10th anniversary this month. The company which is under Bharti Airtel set up its presence in the region after acquiring Zain Telecom’s Africa exactly 10 years ago, in June 2010.
At the time, Zain Telecom’s Africa was functioning in 15 countries with a total of 36 million subscribers.
Throughout the 10 years of operating in the region, Airtel Africa has grown its userbase and currently serves slightly over 110 million clients.
Airtel Africa is available in 14 different countries, primarily in East Africa and Central and West Africa. These include Kenya, Uganda, Nigeria, Rwanda, Seychelles, and others.
The company provides voice, data, and mobile money services.
Out of the 110.6m total, Airtel Africa offers data services to 35.4m clients and mobile money services customers to 18.3m customers. In the recently concluded financial year, the company had a turnover of $3.4 bn(approx. KSh 340bn).
The company’s greatest milestone recently is being listed on the London and Nigerian stock exchanges.
“Our vision is to enrich the lives of our customers. I want to take this opportunity to thank all our colleagues, partners, suppliers and distributors for their support as we have worked together to deliver on our purpose,” said Raghunath Mandava, CEO, Airtel Africa, reflecting on the company’s 10-year journey.
Airtel Africa’s Kenyan subsidiary Airtel Kenya is the second-largest telco locally. The company holds a 14 million user base according to the latest Sector Statistics Report from the Communications Authority of Kenya (CAK).