Safaricom Market Share Drops as Airtel, Telkom Portions Rise
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Safaricom Plc’s market share dropped 1.6 percentage points to 65.4 percent in the three months through June as Bharti Airtel Ltd.’s Kenyan unit and Telkom Kenya Ltd. increased mobile-phone customers at a faster pace.
Airtel’s market share climbed 1.7 percentage points to 21.4 percent and Telkom Kenya grew its market share 0.2 percentage points to 8.8 percent, the Communications Authority of Kenya said in a report on its website.