Leading telecommunications company, Airtel Malawi has on Wednesday announced a 12.3% increase in its customer base. This is according the its financial report for the half year ended 30 June 2024
In the report, the company’s customer base has increased to 7.6 million from 6.7 million.
The report also shows that the average revenue per user per month has increased by 23.6% driven primarily by sustained growth in usage across both voice and data services.
“We continue to focus on keeping communities and businesses connected in Malawi and supporting the Malawian economy. The medium-term growth opportunity in Malawi remains attractive, with the telecommunication sector continuing to benefit from population growth and an increased need for connectivity. We remain focused on executing our strategy to increase mobile penetration in Malawi through continued investment into under-served rural markets and driving increased data coverage to further enhance the digitalization of the Malawian economy.”, reads the report in part
Airtel Malawi is a leading mobile telecommunications company connecting millions of Malawians to the world and is a subsidiary of Bharti Airtel International, which operates in 14 countries across Africa and Asia.
