The financial results indicate that by June last year, Airtel had 55,855,000 subscribers in Africa, a figure which rose to 64,203,000 by June this year, translating to a 14.9 percent increase during the period.
The growth in subscribers was recorded in Airtel’s 17 subsidiaries in Africa which includes operations in four East African countries – Kenya; Tanzania; Uganda and Rwanda.
The financial statement further states that the firm’s data users are also growing, with about 24.2 per cent of subscribers now using the network’s data services.
Overall, the statement – issued on Wednesday July 31 – notes that: “Mobile Data continues its growth trajectory with revenue up Y-o-Y by 91.5% in India and 65.8% in Africa. The voice rate increase (up from 35.68p last year to 36.39p) coupled with higher usage per customer (up from 433 minutes last year to 455) has enabled this improvement in ARPU. Reported International revenues comprising of Africa and South Asia operations grew by 4.6% Y-o-Y in INR terms. Mobile termination rates were revised downward in several key countries in Africa, including Nigeria. Net Revenue in Africa, after netting off inter-connect costs and cost of goods sold, has grown by 8.9% Y-o-Y in INR terms.”