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Safaricom performance in Ethiopia: What numbers say

Unaudited results for the six months ended 30th Sept 2024

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by WILLIAM WANYOIKE

Infographics07 November 2024 - 13:02
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In Summary



    Safaricom performance in Ethiopia: What numbers say

    Kenya's telco, Safaricom Plc now covers 46 per cent of Ethiopia's population, just two years after entering the market.

    This means that the network has reached at least 52 million of the country's 112 million population.

    The subsidiary's voice revenue grew by 27.1 per cent to Sh516.4 million driven by increased usage and a growing number of customers.

    One-month active voice customers rose by 63.8 per cent to 3.57 million driven by increased usage and growth of quality net customer additions.

    Voice usage increased with minutes of use growing 52.2 per cent to 97.15.


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