Airtel Africa Wins Africacom Award
Bharti Airtel Africa, a leading telecommunications service provider with operations in 20 countries across Asia and Africa, reinforced its continued contribution to the pan-African telecoms landscape after being recognized by an independent panel of industry experts at the AfricaCom Awards.
Now in the 7th year, the AfricaCom Awards is recognized as the premier accolade for anyone operating in Africa's digital market.
Airtel Africa won two awards- Best Mobile Money Solution with Airtel Money and Best App for Africa with its intuitive Airtel Internet application - highlighting the company's contribution in Africa .
The awards were announced at a Gala Dinner in Cape Town, South Africa.
Airtel Money users have increased to 5.3 million, compared to 1.8 million in the corresponding quarter last year. Meanwhile, the total number of transactions on the platform increased three-folds to 131 million in the quarter, up from just 44 million in the same period in 2013; and the total value of transactions grew almost four-folds to $3.3 billion compared to $867 million last year.
Christian de Faria, Managing Director (MD) and Chief Executive Officer (CEO) of Airtel Africa, said more than five million customers carry out an average of over 1.4 million daily transactions, demonstrating the company's huge contribution towards financial accessibility.
Airtel's Internet.org application was awarded for its significant impact in making the internet accessible through a set of free basic services, ultimately driving more customers online.
Data revenue for Airtel's African operations grew 57 percent, thanks to a 50.4 percent increase in the region's data customers.
Mobile data now represents 10 percent of Africa's overall revenue compared to 6.6 percent a year ago.
Commenting on the awards, Airtel Africa's CEO, Christian de Faria said: 'These two awards highlight our renewed efforts to drive a cashless society in Africa and mobile data growth, resulting from our investments over the four years we have been in Africa. On behalf of Airtel Africa, we are emboldened by this recognition and will continue to sharpen our focus towards tackling today's social challenges through technology.'