Oct. 6 (Bloomberg) -- Safaricom Ltd., East Africa’s biggest mobile-phone company, jumped after data from the industry regulator showed it added customers in the three months through June.
The stock of Kenya’s second-biggest company by market value climbed 1.7 percent to 3.05 shillings by the 3 p.m. close in Nairobi, paring its drop this year to 35 percent.
Safaricom added 148,000 customers during the quarter and remained the market leader with a share of 69 percent compared with 68 percent in the previous three months, the Communications Commission of Kenya said in a statement on its website yesterday. The number of mobile-phone users in the nation grew 0.2 percent to 25.3 million from the previous quarter, it said.
--Editors: Ana Monteiro, Peter Branton
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