Kenya Mobile Money Transfer Subscriptions Slip to 27.7 mln

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credit-card-surchargesThe number of Kenyan mobile money transfer subscriptions fell by 3.6 percent to 26.7 million subscriptions for the quarter to end December, from 27.7 million subscriptions in the previous period. Data from the Communications Authority of Kenya (CA) showed the number of mobile money agents growwing from 135,724 agents in the previous quarter to 141,542 agents in the quarter to end December.

The uptake of mobile number portability services maintained a downward trend to 234 in-ports, down from 461 in-ports posted in the previous quarter. The decline marked a significant drop of 49.2 percent, attributed to the increasing number of twin Sim mobile handsets.

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