Airtel loss rises to Sh5.6bn despite subscriber growth

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Business Daily | by Patrick Alushula


Airtel Kenya net loss from its voice and data business increased by 55 per cent to Sh4.45 billion despite the continued gain of customers and talk time market share from its rival Safaricom.

Parent company, Bharti Airtel Limited, disclosed that the loss – which excludes the mobile money segment – for the financial year to March last year rose from Sh2.87 billion recorded a year earlier…

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