Africa
Airtel
Airtel Networks Limited
CA
Communications Authority
Finserve Africa
Finserve Africa Limited
Kenya
Kenya Bureau of Statistics
Kenya Integrated Household Budget
Kenyan Wallstreet
Ksh730.2 million
Mark
Mobile Decisioning
Mobile Pay Limited
Mobile Phone Penetration Surpasses
Morocco
Namibia
Safaricom
Sema Mobile
Telkom Kenya Limited
Telkom-Kenya
Tunisia

Kenya’s Mobile Phone Penetration Surpasses 100% Mark

Kenya’s mobile phone penetration crested the 100 per cent mark, says the Communications Authority of Kenya. It joins Morocco, Namibia and Tunisia, the only countries in Africa to achieve the milestone.

The first quarter sector statistics report for the financial year 2018/2019 by CA shows that the mobile penetration – the total number of active SIM cards calculated as a percentage of total population in the country – rose by 2.3 percentage points to stand at 100.1 per cent from 97.8 per cent reported last quarter.

The increase in mobile penetration was “mainly attributed to the fact that most users own more than one SIM card either from the same or different service providers,” says CA.

This is supported by Kenya Integrated Household Budget survey released in April by Kenya Bureau of Statistics which indicates that at least 30 per cent of mobile users in Kenya own more than one SIM card, translating to an average of 1.3 SIM cards per subscriber.

There were 46.6 million active mobile subscribers between July and September, a 2.4 per cent increase compared to April – June period.

During the period under review, there were 1.06 million net additions in mobile subscriptions.

Major players in the mobile subscription market include Safaricom, Airtel, Finserve Africa, Telkom Kenya and Mobile Pay Limited.

Safaricom PLCs’ market share for mobile subscriptions dropped by 1.2 percentage points during the quarter to stand at 64.2 per cent whereas Airtel Networks Limited gained 0.9 percentage points to post a market share of 22.3 percent. Telkom Kenya Limited, Finserve Africa Limited and Mobile Pay Limited recorded market shares of 9.0 , 4.2 and 0.2 per cent respectively.

Sema Mobile, a mobile virtual network operator that is 50 per cent owned by Mobile Decisioning (MODE), exited the market during the period.

The number of mobile money transfer transactions stood at Ksh730.2 million and valued at Ksh2.02 trillion. Further, the number of mobile commerce transactions was recorded at Ksh526.9 million and valued at Ksh1.5 trillion. Person-to-person mobile money transfers were valued at Ksh718.2 billion.

The post Kenya’s Mobile Phone Penetration Surpasses 100% Mark appeared first on Kenyan Wallstreet.

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