Over Half of Tigo Tanzania's Customers Using Mobile Money Services
Published on: 8th Jun 2014
Tanzania's Tigo, the local subsidiary of Millicom, says that it has added a million customers to its mobile money service over the past year.
That takes its money user base to 3.4 million is out of the mobile network's total of 6.2 million customer base, so more than half of its subscribers now use the facility.
"Mobile money is a very important part of our business and it is growing at a very accelerated rate," Gutierrez added.
Mobile money services are expected to receive an additional boost after three of the country's mobile networks, Tigo, Bharti Airtel and Etisalat's Zantel recently announced interoperability between their platforms.
Vodacom is also expected to join the interoperability facility shortly.
On the web: Reuters