Mobile market newcomer Equitel grabs 1.9% of subscribers

5 Aug 2015

The Communications Authority of Kenya has published its statistical report for the three months ended 31 March 2015, in which it reveals that the total number of mobile subscriptions rose to 34.79 million from 33.63 million the previous quarter and 31.83 million at end-March 2014. Safaricom accounted for the lion’s share of total wireless customers (67.1%, 23.35 million), followed by Airtel Kenya with a market share of 20.2% (7.02 million) and Telkom Kenya (Orange), which reported 3.77 million wireless users at end-March 2015 to give it a share of 10.8%. The market’s only mobile virtual network operator (MVNO), Finserve Africa (Equitel), had signed up a total of 665,661 customers by 31 March 2015, representing 1.9% of the total wireless sector. Finserve Africa, a subsidiary of regional bank Equity Group, was awarded one of three MVNO licences by the regulator in April 2014, and says its mobile service aims to make banking more accessible and affordable by enabling customers to apply for loans, transfer money, pay bills and carry out cross-border transactions using their wireless handsets. Mobile data subscriptions rose from 13.26 million to 18.68 million over the twelve-month period, with Safaricom accounting for 12.15 million of the total, followed by Airtel with 3.45 million, Orange with 2.42 million and newcomer Finserve Africa (Equitel) with 665,661.

As at 31 March 2015 the Communications Authority of Kenya reported 87,838 fibre-optic broadband subscribers (up from 69,377 twelve months previously), 16,148 terrestrial wireless data customers (16,540), 14,685 xDSL connections (12,547) and 836 satellite broadband users (700). Wananchi Telecom remains the fixed broadband market leader, accounting for 46.8% of all customers at end-March 2015, followed by Liquid Telecom (15.3%), Telkom Kenya (10.1%), Access Kenya (9.6%) and Safaricom (6.9%). Kenya ended the period under review with a total of 202,905 fixed telephony lines in service (down from 206,129 a year earlier), including 91,373 fixed terrestrial connections and 111,532 fixed-wireless lines.