AccessKenya revenue, profit up

TELECOMS

|
Image: By BiztechAfrica
AccessKenya revenue, profit up

AccessKenya has reported a 10.4% increase in total revenues for the first half of the year.

In its H1 report, the group said its profit had increased by 10.5% to pass KES 68 million,  from 62 million the previous year. AccessKenya said half year revenues had grown consistently, despite the erosion of ARPU.

It said the increase in the number of leased lines more than offset the adverse effect of the ARPU decline.

The company noted that it had passed the 5,000 corporate leased line mark in Q2, with 5,100 leased lines now in place. It said continued high demand for data services was expected to drive ongoing revenue growth.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE TELECOMS NEWS

Safaricom opens new data centre in Kapsoya

Safaricom has opened its first state-of-the-art equipment hub in Eldoret in a move that is aimed at enhancing network quality in the North Rift region. Read More

Africell DRC gets Vodacom, Orange interconnection

Africell subscribers in the Democratic Republic of Congo (DRC) are now able to make calls towards Vodacom and Orange networks as the suspension has been lifted. Read More

Vodafone Ghana launches loyalty programme

Vodafone Ghana, in a bid to enhance relationship with its customers, has launched its Loyalty Programme with numerous benefits for its customers across the continent.  Read More

DRC call rates increase – operators call for calm

Cellphone users in Democratic Republic of Congo (DRC) are unhappy after being told last week by SMS that they would have to pay more for making calls from 28 February 2015. Read More

Cameroon, Chad sign fibre optic partnership

Cameroon and Chad have signed a vital telecom partnership that could change the way their populations use ICTs. Read More

MTN Uganda implements UCC’s new codes directive

MTN Uganda has finally toed the line of Uganda’s telco industry regulator by adopting the recommended codes for loading and checking balances on mobile phones in Uganda. Read More

MTN encourages more talk with relaunch of TruTalk

MTN Nigeria recently re-launched the MTN TruTalk, a prepaid plan that offers customers the opportunity to make calls at a new tariff rate of 11 kobo/sec to 11 selected numbers from any network. Read More

Tigo upgrades microwave backbone in Eastern and Volta regions

In a bid to improve its customer experience, Tigo has completed expansion work on its Eastern Microwave backbone.  Read More

Mali Orange relief as international calls syndicate dismantled

Mali Orange investors and management are breathing a sigh of relief after two brothers who used the company network to allegedly operate an illegal international calls business for the past six months were arrested last week in the capital Bamako. Read More

DRC mobile operators to be taken to court by opposition politicians

Parliamentary leaders of the political opposition in the Democratic Republic of Congo (DRC) are taking the country’s mobile operators to court for suspending their numbers for one month without any valid reasons. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

2bn priced out of internet access2bn priced out of internet access

A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.

IN DEPTH

Kenya’s digital TV battle hots up Kenya’s digital TV battle hots up

Kenya’s journey to Digital TV broadcasting took a new turn this week, when the Communication Authority of Kenya (CAK) accused three local media firms of intent to disrupt the process.