MORE

    Airtel Africa Reaches 155 Million Customers

    Demonstrates Resilience Amidst Economic Challenges

    Airtel Africa, a leading telecommunications provider, has announced robust growth in its customer base, reaching 155.4 million in the first quarter of 2025, an 8.6% increase year-on-year. This growth is attributed to the company’s continued focus on expanding its data customer base and network infrastructure.

    - Advertisement -

    ALSO READ: 7 Key Learnings from the inaugural Uganda Developer Summit

    The company reported a substantial 13.4% increase in data customers, reaching 64.4 million. Data usage per customer also saw a significant surge of 25.1% to 6.2 GBs, with smartphone penetration rising to 41.7%. Additionally, mobile money subscribers grew by 14.9%, reflecting Airtel Africa’s commitment to financial inclusion across its markets. Transaction value increased by 28.7% in constant currency, with an annualized transaction value of $120 billion in reported currency.

    - Advertisement -

    Airtel Africa’s revenue grew by 19.0% in constant currency in Q1’25, driven by strong performances in Nigeria and East Africa. However, reported currency revenues declined due to currency devaluation, particularly in Nigeria. The company implemented a comprehensive cost-efficiency program to mitigate the impact of rising fuel prices and currency fluctuations. This program includes optimizing network utilization, energy-saving initiatives, and contract renegotiations.

    Airtel Africa Continues to Investment in Network Infrastructure

    Airtel Africa remains committed to enhancing customer experience through sustained investment in its network infrastructure. The company has increased data capacity by 33% and rolled out nearly 3,000 new sites and over 5,600 kilometers of fiber. These investments aim to improve network coverage and capacity, ensuring reliable and high-quality connectivity for customers.

    Airtel Africa published its 2024 Sustainability Report in June, highlighting its progress towards sustainability goals and contributions to the UN Sustainable Development Goals (SDGs). The company’s commitment to sustainability is integral to its business strategy and long-term growth plans.

    Despite a challenging macroeconomic environment, Airtel Africa’s strong fundamentals and focused execution have enabled it to maintain a solid operating performance. The company’s continued investment in network infrastructure, mobile money services, and sustainability initiatives positions it well for future growth and success in the African telecommunications market.

    - Advertisement -

    IN THIS STORY STREAM

    Farooq Gessa Mousal
    Farooq Gessa Mousal
    Techjaja: CTO

    Fresh Tech

    Winnie Njore: Leveraging Technology To Improve Tax Compliance In Uganda

    Tax compliance is a critical issue for many countries,...

    Kenya is raising license fees for satellite communication service providers. Here’s why

    In a move that's sending shockwaves through Kenya's burgeoning...

    How to calculate your ride-hailing trip cost in Kampala

    Kampala, just like other capital and business cities, is...

    How to replace a lost/stolen SIM card in Uganda

    The world has reached that level of development that...

    How to register for Digital Number Plates in Uganda

    Uganda has taken a leap into the future of...
    - Advertisment -

    Discover more from Techjaja

    Subscribe now to keep reading and get access to the full archive.

    Continue reading