Safaricom, one of the biggest telecoms in the East African region has released its financial results (audited financial statements for the financial year ended 31 March 2017) which shows a steady and string growth in the business. And, they have the numbers to prove this. The Kenyan carrier reported that customer numbers have increased by 11.8% to 28.13m as at 31 March 2017 from 25.16m as at 31 March 2016.
Mobile data customers who were active in the last 30 days increased by 18.1% to 16.64m as at 31 March 2017, from 14.08m as at 31 March 2016.
The leading Mobile Money service in Africa, M-PESA’s customer base grew by 14.6% from 16.60m to 19.02m as at 31 March 2017