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Page 2 - Airtel Africa

December quarter post-tax profit at Airtel's Africa arm up 13% to $116 mn

Revenue rises 14% to $2,870 mn; Mobile money revenue up 41%, data revenue rises 27% in constant currency terms

December quarter post-tax profit at Airtel's Africa arm up 13% to $116 mn
Updated On : 30 Jan 2021 | 1:27 AM IST

Airtel Africa planning to sell 4,500 towers to reduce its $3.5 bn debt

Airtel has a repayment of 750 million euros ($890 million) due in May, while an installment of $505 million is due in March 2023, according to the annual report

Airtel Africa planning to sell 4,500 towers to reduce its $3.5 bn debt
Updated On : 06 Nov 2020 | 6:03 PM IST

Airtel Africa's profit falls 9% to $88 million on higher finance cost

In constant currency terms, Airtel Africa recorded a growth of 19.5 per cent to $472 million in operating profit on a constant currency basis

Airtel Africa's profit falls 9% to $88 million on higher finance cost
Updated On : 24 Oct 2020 | 1:14 AM IST

Airtel Africa Apr-Sept profit drops 37% to $145 mn, revenue up 10.7%

The company had posted a profit after tax of USD 228 million for the same period a year ago

Airtel Africa Apr-Sept profit drops 37% to $145 mn, revenue up 10.7%
Updated On : 23 Oct 2020 | 3:16 PM IST

Airtel Africa reports $57 mn profit, falling 53% in constant currency terms

Indian company's revenue grew in constant currency terms across all key business segments

Airtel Africa reports $57 mn profit, falling 53% in constant currency terms
Updated On : 24 Jul 2020 | 11:29 PM IST

Airtel Africa reports fall of 21% in net profit at $65 mn for March qtr

The African arm of Bharti Airtel reported 15% on-year rise in revenue and 1.81 % sequentially to $899 million, driven by strong contributions from the voice, data and mobile money verticals

Airtel Africa reports fall of 21% in net profit at $65 mn for March qtr
Updated On : 13 May 2020 | 9:30 PM IST

Airtel Africa Q3 result: Net profit slumps 23% YoY on higher tax outgo

Operating profit for the telecom entity rose 24 per cent to $399 million.

Airtel Africa Q3 result: Net profit slumps 23% YoY on higher tax outgo
Updated On : 28 Jan 2020 | 11:43 PM IST

AGR dues: $3 bn fundraising reduced business flow risk, says Airtel Africa

It added that the group has adequate committed and non-committed facilities to operate as a going concern.

AGR dues: $3 bn fundraising reduced business flow risk, says Airtel Africa
Updated On : 28 Jan 2020 | 7:23 PM IST

Airtel Africa posts 24% jump in profit before tax at $143 million

The revenue of Airtel Africa grew 9.8 per cent to $844 million during the reported quarter from $769 million in the corresponding quarter of 2018-19

Airtel Africa posts 24% jump in profit before tax at $143 million
Updated On : 25 Oct 2019 | 11:24 PM IST

Airtel Africa's mobile money, data growth to double by 2024: Experts

The operator continues to invest in the 4G network, having added nearly 1,500 sites

Airtel Africa's mobile money, data growth to double by 2024: Experts
Updated On : 22 Aug 2019 | 10:49 PM IST

Airtel Africa data and mobile money penetration to double in next 5 years

Airtel is preparing for the launch of the Mobile Money business in Nigeria

Airtel Africa data and mobile money penetration to double in next 5 years
Updated On : 22 Aug 2019 | 12:13 PM IST

Airtel Africa's net dips 12% to $132 mn in Q1, revenue up 7% at $795.9 mn

This was Airtel Africa's first results announcement after the $750-million initial public offering in June

Airtel Africa's net dips 12% to $132 mn in Q1, revenue up 7% at $795.9 mn
Updated On : 26 Jul 2019 | 10:24 PM IST

Airtel Africa London Stock Exchange debut lacklustre, stock falls 15%

Airtel Africa operates across 14 African countries and has over 100 million customers

Airtel Africa London Stock Exchange debut lacklustre, stock falls 15%
Updated On : 29 Jun 2019 | 1:12 AM IST

Airtel Africa falls in London trading debut after raising $750 million

Airtel Africa sale is among the largest IPOs announced in 2019 in London.

Airtel Africa falls in London trading debut after raising $750 million
Updated On : 28 Jun 2019 | 3:44 PM IST

Airtel Africa targets $750 mn via IPO, eyes listing on London exchange

Additionally, Airtel Africa is also considering listing its shares on the Nigerian Stock Exchange

Airtel Africa targets $750 mn via IPO, eyes listing on London exchange
Updated On : 04 Jun 2019 | 11:26 AM IST

Airtel Africa completes $200-million funding deal with Qatar sovereign fund

With this fresh investment, the overall debt of Bharti Airtel will reduce to $3.5 billion

Airtel Africa completes $200-million funding deal with Qatar sovereign fund
Updated On : 31 Jan 2019 | 1:43 PM IST

Airtel Africa constitutes new board post equity allotment to six investors

The company is in a dialogue with the Government of Tanzania for clarifications, the spokesperson added

Airtel Africa constitutes new board post equity allotment to six investors
Updated On : 03 Nov 2018 | 12:25 AM IST

Airtel Africa valuation should be much more than $7 billion: Akhil Gupta

Bharti Airtel operates in 14 African countries and all the operations are managed by Bharti Airtel International

Airtel Africa valuation should be much more than $7 billion: Akhil Gupta
Updated On : 28 Feb 2018 | 11:14 PM IST

Can Airtel's Africa Safari offset Reliance Jio's jolt?

Turnaround of Africa business to the monetisation of tower assets decreasing debt levels: Analysts

Can Airtel's Africa Safari offset Reliance Jio's jolt?
Updated On : 17 May 2017 | 12:40 AM IST