Airtel Africa back in black, but Nigeria currency woes weigh"As reported in July 2023, our results for the first quarter were significantly impacted by the changes to the FX market in Nigeria, introd...
31 Oct, 2023, 12.26 AM IST
Airtel Africa Q2 Results: Net profit falls nearly 9% to $138 million"In Q2'24, reported currency revenues declined by 4.7 per cent reflecting a full quarter's impact of the Nigerian naira devaluation in June...
30 Oct, 2023, 03.17 PM IST
Airtel Africa Q4FY23 net profit down 6% on-year due to higher financeBharti Airtel Africa's Q4 net profit dipped to $227m, down 6% YoY due to high forex losses, even though revenue was up by 10% YoY. However,...
11 May, 2023, 02.00 PM IST
Airtel Africa Q3 Results: Net profit up 7% at $193 millionProviding affordable, innovative and essential services to customers in our 14 markets with unparalleled network quality and customer servi...
02 Feb, 2023, 11.44 PM IST
Airtel Africa Q3 net up 7% on yearAirtel Africa’s revenue for the quarter ended December 31 rose 11% on-year and 3.2% sequentially, to $1,350 million, the company said Thurs...
02 Feb, 2023, 02.58 PM IST
Airtel Africa acquires 4G, 5G spectrum for $316.7 millionAirtel Africa is a subsidiary of Bharti Airtel. The payment for the purchased spectrum will be done in local currency, Airtel Africa said i...
09 Jan, 2023, 03.57 PM IST
Airtel Africa-IFC sign $194 million loan facilityIFC's loan is supported by co-financing from institutional investors through IFC's Managed Co-Lending Portfolio Program (MCPP). IFC's loan ...
06 Dec, 2022, 04.48 PM IST
Airtel Africa FY2Q net profit falls 21% on year amid forex losses"Whilst we are not immune to the current macro-economic challenges and currency devaluation risks, I am pleased to report double-digit repo...
27 Oct, 2022, 02.58 PM IST
Airtel's Africa business reports net profit of $178 million in Q1FY23, a 25% on-year jumpRevenue for the quarter ended June 2022 rose 13%-on year and 2.8% sequentially in reported currency, to $1.257 billion, the company said Th...
28 Jul, 2022, 05.41 PM IST
Airtel Africa Q3 results: Net profit up 54% to $180 mnThe underlying revenue of Bharti Airtel's African telecom arm increased by 17.9 per cent on a reported currency basis to $1.22 billion, fro...
04 Feb, 2022, 09.42 PM IST
Airtel Africa Q3 net up 54% on-yr to $180 mn, but down 6.25% on-qtr on rise in finance costs“Operationally, we have continued to execute on our network and distribution expansion plans, driving continued strong growth in average re...
04 Feb, 2022, 04.15 PM IST
Airtel Africa inducted into FTSE 100 IndexAirtel Africa Plc was listed on London Stock Exchange in late-June 2019.
27 Jan, 2022, 01.54 PM IST
Airtel Africa Q2 results: Net profit more than doubles to $192 millionAirtel Africa’s profit for the first half ended September 2021 more than doubled on-year to $335 million, while revenue for the same period...
28 Oct, 2021, 01.09 PM IST
Airtel Africa names new CEO Olusegun Ogunsanya who will replace Raghu Mandava“We are delighted to appoint (Segun) Ogunsanya as the (Airtel Africa) Group's next CEO. He has displayed significant drive and energy in tu...
29 Apr, 2021, 01.46 PM IST
- India's Spanco inaugurates call centre in Nigeria
Spanco has inaugurated a call centre in southwestern Nigeria to help authorities in providing information about various welfare schemes, in...
15 May, 2013, 11.24 PM IST
Airtel takes 'Friendship' brand campaign to AfricaAirtel Nigeria acquired over 113,000 new fans on its Facebook page since the campaign went on air, the company said.
11 Feb, 2013, 05.08 PM IST
- Airtel Nigeria appoints Segun Ogunsanya as new CEO
Leading global telecoms service provider Bharti Airtel today announced appointment of Segun Ogunsanya as the Chief Executive Officer of Air...
02 Nov, 2012, 08.35 PM IST