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Safaricom increases its fixed internet market share to 46.1%

NAIROBI, Kenya, Mar 8 – Safaricom grew its fixed internet market share to 46.1 percent in the three months to December 2022, representing nearly half of all new connections in the country.

Latest data from the Communication Authority of Kenya (CA) shows that its number of data subscriptions increased by 22, 148, to 372, 872.

In the July and September quarters of last year, its market share stood at 35.6 percent, representing 350,724.

“During the quarter under review, Safaricom PLC recorded the highest market shares in fixed data subscriptions at 46.1 percent followed by Wananchi Group at 31.1 percent,” CA says in the Second Quarter Statistics for the financial year 2022/23 (1st October-31st Dec 2022)

The telco now controls the sector, which also includes Wananchi, which owns Faiba.

Its dominance in the fixed internet market is attributed to huge investment in fixed internet connectivity across the country.

Safaricom is followed by Wananchi Group (Kenya) Limited, or Faiba, with 251,340 subscribers (31.1 percent of the market), and Poa Internet Kenya Ltd. with 120,168 subscribers (14.9 percent).

Poa Internet, which is an affordable internet provider, displaced Jamii Telecommunications Ltd.

Others are Liquid Telecommunications Kenya 17,837 (2.2 percent), Mawingu Networks Ltd. 14,951 (1.8 percent), and Dimension Data Solutions East Africa Limited 13,950 (1.7 percent), among others.

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