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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

Mobile subscriptions hit 41 million during first quarter of  2017/2018

NAIROBI (Xinhua) -- Kenya’s mobile subscriptions hit 41 million during the first quarter of the 2017/2018 financial year, up from 40.2 million in the previous quarter, said a report released on Thursday by the industry regulator.

According to the Communications Authority of Kenya (CA), mobile penetration also rose by 1.7 percentage points to reach 90.4 percent from 88.7 percent in the previous quarter.

The survey by CA said the net additions in mobile subscriptions were recorded at 768,831 during the period, compared to 1.1 million additions registered in the previous quarter.

In addition, a total of 537.2 million transactions (sending and withdrawals) were made during the period, valued at approximately 16.5 billion U.S. dollars.

The report by the CA also indicates that the number of broadband subscriptions grew by 14.3 percent to reach 17.6 million from 15.4 million recorded during the previous quarter.

Broadband penetration level stood at 38.8 percent during the period under review.

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