Tanzania Investment and Consultant Group Ltd

| Economic Research Centre

Telecom Subscription Dynamics In November-December '23
January 26, 2024  
In November 2023, the telecommunication landscape in the region was marked by significant subscription numbers for various providers. Airtel witnessed a subscription base of 18,932,628, which slightly increased to 19,146,016 in December. Hallotel, another telecom operator, had 8,192,481 subscribers in November, and this figure grew to 8,529,919 by the end of December. Tigo's user base […]

In November 2023, the telecommunication landscape in the region was marked by significant subscription numbers for various providers. Airtel witnessed a subscription base of 18,932,628, which slightly increased to 19,146,016 in December. Hallotel, another telecom operator, had 8,192,481 subscribers in November, and this figure grew to 8,529,919 by the end of December. Tigo's user base also experienced growth, with November's 18,923,699 subscribers expanding to 19,698,263 in December. TTCL (Tanzania Telecommunication Company Limited) had a more modest subscriber base, starting at 1,634,231 in November and reaching 1,644,194 in December. Vodacom, a prominent telecom player, began with 21,127,719 subscribers in November and closed the year with 21,272,484 in December.

On the mobile money front, the data reveals a similar pattern of growth in subscriptions. Airtel's mobile money subscriptions stood at 11,238,059 in November, experiencing a slight dip to 11,166,688 by December. Hallotel had 3,985,603 mobile money subscribers in November, which increased to 4,034,261 by the end of December. Tigo's mobile money user base also grew from 16,019,568 in November to 16,260,532 in December. TTCL started with 1,360,058 mobile money subscribers in November and saw a slight uptick to 1,370,470 in December. Vodacom exhibited substantial growth, starting with 19,466,821 mobile money subscribers in November and concluding December with 20,043,178.

These figures depict a dynamic telecommunications and mobile money market, showcasing fluctuations and growth across various providers over the two-month period. The data suggests an active and evolving landscape, with users engaging with both telecom and mobile money services.

The number of telecom and mobile money subscriptions for November and December 2023 offers insights into the dynamics of the telecommunications and financial services sectors in the specified region during that time frame.

The data reflects a dynamic and competitive market where telecom and mobile money service providers are actively working to attract and retain users. The observed trends highlight the importance of understanding consumer preferences and adapting strategies to meet evolving market demands.

Telecom Subscription Trends:

  • Airtel, Tigo, and Vodacom witnessed an increase in their telecom subscription numbers over the two-month period, suggesting a growing user base for these providers.
  • Hallotel and TTCL also experienced growth, albeit on a smaller scale compared to the major players.

Mobile Money Subscription Trends:

  • The mobile money sector also demonstrated growth for most providers, with Airtel, Hallotel, Tigo, and Vodacom all experiencing an expansion in their user base.
  • The data indicates that mobile money services are gaining popularity among consumers, as reflected in the increasing subscription numbers.

Variability in Subscription Numbers:

  • While some providers saw consistent growth in both telecom and mobile money subscriptions (e.g., Vodacom), others experienced fluctuations or minor decreases (e.g., Airtel's mobile money subscriptions).
  • The variability in subscription numbers across providers may be influenced by factors such as marketing strategies, service quality, and promotions during the observed period.

Competitive Landscape:

  • The data reveals a competitive landscape among telecom operators, with major players like Airtel and Vodacom maintaining large subscription bases.
  • The mobile money sector is also competitive, with multiple providers actively vying for users.

Consumer Behavior:

  • The growth in both telecom and mobile money subscriptions suggests that consumers in the region are actively engaging with and adopting these services.
  • Mobile money services, in particular, seem to be gaining traction, possibly indicating a shift towards digital financial transactions.

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