Mobile Money Subscriptions in Kenya Hit 40.6 Million in 2024 – CA

The findings pointed to significant advancements in 4G and 5G uptake

Kenya’s active mobile phone subscriptions grew by 1.6 percent to reach 70 million as of September 2024, up from 68.9 million by June 2024, according to a report released Friday by the country’s communication industry regulator.

According to the quarterly report by the Communication Authority of Kenya (CA), Kenya’s mobile phone penetration rate reached 135.8 percent, underscoring the telecommunications sector which demonstrated overall growth in the quarter under review.

“Mobile phone subscriptions grew, reflecting the sector’s continued expansion and adaptation to consumer demands,” the CA said in the report on information and communications technology service performance and trends.

According to the report, mobile money subscriptions also saw an increase, rising to 40.6 million by September.

While 3G broadband subscriptions and data usage declined, the report highlighted a marked shift toward higher-speed networks, with increased adoption of 4G and 5G technologies. Mobile data subscriptions reached a record 53.7 million as of September, with 4G networks accounting for 58.1 percent of the total.

The findings pointed to significant advancements in 4G and 5G uptake, driven by growing consumer demand for high-speed connectivity and sustained investment in telecommunications infrastructure.

The industry regulator said that demand for high-speed internet for streaming, online learning, remote work, and e-commerce has been the primary driver behind the increased adoption of advanced network technologies.

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

90% of Constituents Ready for AI Agents in Public Service

Mon Jan 27 , 2025
Share on Facebook Tweet it Share on Reddit Pin it Share it Email Public trust in government has been lagging for years but new Salesforce research reveals AI agents could help rebuild it. Constituents around the world agree there’s room for improvement when it comes to government service. Forty percent […]

You May Also Like

Chief Editor

Jacktone Lawi

Meet Jacktone Lawi, a seasoned technology journalist with years of experience in the industry. I have developed my passion for technology during my formative years, which has been instrumental in shaping my career trajectory. My expertise lies in reporting on emerging technologies and their impact on businesses and consumers worldwide. Through my experience I’m well-versed in covering topics such as artificial intelligence, blockchain, cybersecurity, cloud computing, and digital transformation, among others. Throughout my career, I have has demonstrated an exceptional ability to distill complex technical information into accessible and engaging content that resonates with my readers. My writing style is clear, concise, and informative, allowing me to communicate even the most technical concepts to a broad audience. Beyond my writing skills, I have also become known for extensive network of industry contacts and ability to secure exclusive interviews with high-profile figures in the technology world. These connections have enabled me to gain unique insights into the latest trends and developments in the field, giving me a competitive edge in my reporting. In addition to my work as a journalist, I’m also actively engaged in the broader technology community. Where I regularly attend conferences and events, share insights and stays up-to-date on the latest innovations in the industry. Overall, my wealth of experience as a technology journalist have given me a deep understanding of the industry and its impact on society.

Quick Links