The Telecommunications Industry in Kenya 2019: Growth in the Digital Economy, Mobile Telephony & Internet Penetration
DUBLIN, Jan. 21, 2020 /PRNewswire/ -- The "The Telecommunications Industry in Kenya 2019" report has been added to ResearchAndMarkets.com's offering.
This report on telecommunications in Kenya focuses on telephony, the internet and broadband and the infrastructure that supports them. It includes comprehensive information and key statistics on the industry including telephony, internet, fibre-optic, undersea cables and the internet of things.
The Telecommunications Sector in Kenya
The Kenyan government identified the telecommunications industry as a key sector to aid rapid economic growth, and the sector is riding a wave of digital advancement that is expected to affect the telecommunications, digital services and cybersecurity arkets in particular.
Kenya has the world's highest mobile money penetration rate, with 58% of the population using mobile money. The first mobile money service in Kenya was launched in 2007. At the end of March 2019, active mobile money transfer subscriptions stood at 32 million and there were 223,084 mobile money agents.
A total of 784.4 million transactions were made during the quarter to March 2019 and included the purchase of goods and services and person-to-person transfers. Over 80% of mobile money transactions in value terms are transferred to Safaricom's M-Pesa service.
Key Topics Covered
For more information about this report visit https://www.researchandmarkets.com/r/6h1xos
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