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Safaricom loses ground marginally in telecom sector as competition tightens

 

Safaricom Limited marginally lost ground to its competitors as the number of mobile phone subscribers in the country rose to 32.7 million subscribers in the first quarter of 2014/2015.

Current data from the industry regulator, Communications Authority of Kenya (CA) indicates the converged communication solutions provider lost 131,563 of its pre-paid mobile phone subscribers in the first quarter which saw its market share drop from 68 per cent to 66.7 per cent.

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