0
Wireless

Kenyan active mobile money subscriptions exceed 29 mln in Q3

Thursday 2 July 2020 | 10:07 CET | News
The number of registered active mobile money subscriptions stood at 29.1 million and the number of active mobile money agents stood at 202,102 in the third quarter ended 31 March, statistics from the Communications Authority of Kenya (CA) shows. M-Pesa retained the highest market share at 98.8 per cent, whereas Airtel Money and Telkom's T-Kash recorded market shares of 1.1 percent and 0.05 percent respectively. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Airtel Kenya / Safaricom / Telkom
Countries: Kenya
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nokia upgrades Airtel Kenya network, paving way for 5G

Published 30 Nov 2020 10:47 CET | Kenya
Nokia has announced that it has been selected by Airtel Kenya for a three-year deal to modernise Nairobi with 4G and 5G-ready ...

Kenyan mobile money subscriptions rise nearly 5% to 31 mln in Q4 to June

Published 08 Oct 2020 10:17 CET | Kenya
The number of mobile money subscriptions in Kenya stood at 30.5 million in the Q4 ended 30 June, up 4.6 percent from 29.19 ...

PesaKit launches app for mobile money agents after reaching 2,500 users at beta stage

Published 28 Aug 2020 10:16 CET | Kenya
PesaKit has announced the public launch of its app-based platform for mobile money agents, available on Android. Since its beta ...

Telkom Kenya restructures business after Airtel merger collapse

Published 27 Aug 2020 09:57 CET | Kenya
Telkom Kenya says it is restructuring its business following the collapse of its merger with Airtel, including a revamp of its ...

Airtel Kenya brings in subscription-free Airtel TV mobile app

Published 07 Aug 2020 12:28 CET | Kenya
Airtel Kenya has announced the launch of its Airtel TV application, offering television service via mobile phone. It will show ...

Kenyan mobile money transactions reach record KES 392 bln in June

Published 05 Aug 2020 10:08 CET | Kenya
The value of mobile money transactions in Kenya reached a record monthly high of KES 392.2 billion in June, or an average of KES ...

Safaricom protests over KES 19 bln revenue loss by year-end caused by M-Pesa fee waivers

Published 03 Aug 2020 10:26 CET | Kenya
Safaricom has criticised the Central Bank of Kenya (CBK) for extending the period for free M-Pesa transactions without consulting ...

Safaricom loses M-Pesa revenue as customers split transfers to benefit from free transactions for small sums

Published 08 Jul 2020 11:05 CET | Kenya
Kenyan operator Safaricom says its M-Pesa customers are avoiding transaction costs by splitting high-value transfers, resulting ...

Kenyan fixed and mobile internet subscriptions drop nearly 1% in Q3

Published 02 Jul 2020 10:13 CET | Kenya
The total number of data/internet subscriptions in Kenya dropped by 0.7 percent to 39.3 million in the third quarter ended 31 ...

Kenyan mobile phone subscriptions rise to 55 mln in Q3

Published 02 Jul 2020 09:55 CET | Kenya
The number of active mobile subscriptions in Kenya stood at 55.2 million in the third quarter to 31 March, which is a mobile ...

Central Bank of Kenya faces protest over extension of free money transfers

Published 30 Jun 2020 10:14 CET | Kenya
Telecommunication companies and banks have protested against the Central Bank of Kenya's extension of free mobile money ...

Safaricom launches Lipa Na M-Pesa business app for merchants

Published 18 Jun 2020 13:04 CET | Kenya
Safaricom has announced a smartphone application for the more than 170,000 merchants using Lipa Na M-Pesa. The app is named ...

Airtel Kenya gears up for fresh price war with rivals

Published 14 May 2020 15:09 CET | Kenya
Airtel Kenya parent company Airtel Africa said it would not relent on the aggressive pricing practices that have seen it charge ...

WorldRemit caps mobile money fee

Published 16 Apr 2020 10:25 CET | Kenya
WorldRemit has capped transaction fee for mobile money services globally including Kenya, irrespective of the amount the customer ...

Telkom Kenya shuts down 90% of T-Kash mobile money agents

Published 10 Apr 2020 09:49 CET | Kenya
Telkom Kenya has shut down almost 90 percent of its T-Kash mobile money agent network, reports The Standard. According to the ...