Tag: Airtel Africa

The mobile service provider, which operates in fourteen countries across sub-Saharan Africa, expanded turnover by 28.3 per cent to $4.7 ...

Income from data services has now confined voice revenue to the second place as the wireless operator’s top revenue source, ...

Revenue for the wireless operator climbed 22.4 per cent to $1.4 billion, with data and voice revenues fuelling growth.

Airtel Africa aims to buy back a maximum of $55 million worth of shares in the current phase, expecting it ...

“Under this agreement, Barclays will act as riskless principal and will make decisions independently of the Company,” the telco said.

Revenue for the local operation of Johannesburg-based Africa’s largest mobile service provider MTN Group ascended 40.5 per cent to N1.1 ...

Year to date, the index is up 0.2 per cent.

While the price of internet data has remained relatively stable in the past decade, calls for an upward review by ...

Airtel Africa mobile money division expanded its subscriber base by 13.4 per cent to 41.5 million during the period under ...

At $5 billion, turnover was slightly weaker by 5.3 per cent as all key revenue sources, except mobile money revenue, ...

The valuation of Airtel Money, the group’s fastest-growing subsidiary, has expanded by more than half since 2021.

Profit after tax fell to $2 million from $523 million.

Airtel Africa, the continent’s unit of New Delhi’s telecommunications titan Bharti Airtel, is the biggest company in Nigeria by market ...

Once renewed, the group said the licence will be valid for a period of 15 years

The new appointee will also hold the role of regional operating director of the telecom operator.

The all-share index climbed down by 715.7 basis points to 49,629.4, while market capitalisation dropped to N29.3 trillion.

Shares in Airtel Africa climbed 5.2 per cent to N1,630 per unit on Monday after the news hit the market

Driven by increased activity, the rebound followed a 41 per cent improvement in transaction volume

Market breadth was positive as 20 gainers emerged compared to 16 laggards

The borrowing will be repaid over eight years.

The main equity index expanded by more than 2 per cent or N517.8 billion.

The measured advance was driven by higher demand for a couple of mid-cap stocks including Geregu Power, FBN Holdings and ...

The debut season of ‘The Voice Africa’ will be rolled out in Chad, DRC, Gabon, Kenya, Madagascar, Malawi, Niger, Nigeria, ...

The all-share index grew 14.1 basis points to 44,332.2, while market capitalisation marginally climbed to N24.1 trillion.

The telecom operator has shed more than N2 trillion in market value in less than two weeks, having seen a ...