Vodacom Tanzania reports 4.4m M-PESA users

21 Nov 2012

Vodacom Tanzania has announced that the number of people signed up to its mobile money service M-PESA has passed the 4.4 million mark, representing around 48% of its total subscriber base in the country. The service, which allows users with a recognised ID card to deposit, withdraw, and transfer money easily through a mobile device, is seeing strong growth. In February this year Vodacom confirmed that the number of M-PESA users stood at 2.7 million users – or 23.4% of the base. The cellco’s CEO Rene Meza says: ‘about TZS35 billion (USD22 million) is transacted daily through M-PESA and attributed this to the fact that the service is safe and reliable and is available throughout the country.’

Tanzania, Vodacom Tanzania,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share