Money Markets
Airtel agents loss tilts market in favour of rivals
Data from the Communications Commission of Kenya (CCK) shows that Airtel is the only service provider whose number of mobile money transfer agents reduced. Photo/FILE
By RAWLINGS OTINI
Posted Sunday, July 15 2012 at 16:11
Posted Sunday, July 15 2012 at 16:11
Airtel increased its mobile subscriber numbers 17 per cent to 4.4 million from 3.8 million in same period with Safaricom users rising 10 per cent to 19 million.
Data from the CBK shows that the value of transactions done through mobile phones rose by 60 per cent in 2011 to Sh1.169 trillion with all six mobile money operators registering an increase in customer numbers.
-rotini@ke.nationmedia.com
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