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Airtel Africa FY22 revenue up 21% YoY, announces final dividend of 3 cents Airtel Africa has reported a revenue growth of 20.6 per cent for the year FY22, to $4,714 million, and 17.8 per cent for Q4FY22. Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries primarily in East Africa and Central and West Africa. Constant currency underlying revenue grew 23.3 per cent for the year and 19.1 per cent in Q4. Constant currency underlying revenue growth was strong in all regions -- Nigeria up 27.7 per c...
Airtel Africa FY22 revenue up 21% YoY, announces final dividend of 3 cents
Airtel Africa FY22 revenue up 21% YoY, announces final dividend of 3 cents
Source: IANS
11/05/2022 1:26:53 PM
Airtel Africa inducted into the FTSE 100 index Bharti Airtel Thursday said that its subsidiary Airtel Africa has been made a part of the coveted FTSE 100 Index effective Monday, January 31, 2022. Airtel Africa listed on the London Stock Exchange in June 2019 and the milestone underscores the growing investor confidence in the business. The company had a market capitalisation of over $7.5 billion (as per closing price on 26.01.2022) with Enterprise Value at $10.7 billion. Airtel entered Africa in 2010 and the business has demonstrate...
Airtel Africa inducted into the FTSE 100 index
Airtel Africa inducted into the FTSE 100 index
Source: IANS
27/01/2022 3:00:27 PM
Airtel Africa to sell Tanzanian arm's tower biz for $175 mn Airtel Africa on Wednesday announced the sale of the tower portfolio belonging to Airtel Tanzania to a joint venture company of SBA Communications Corporation and Paradigm Infrastructure for $175 million. SBA Communications Corporation is a global independent owner and operator of wireless communications infrastructure while paradigm infrastructure is a UK company focused on developing, owning and operating shared passive wireless infrastructure in selected growth markets. The tower por...
Airtel Africa to sell Tanzanian arm's tower biz for $175 mn
Airtel Africa to sell Tanzanian arm's tower biz for $175 mn
Source: IANS
2/06/2021 4:08:05 PM
Airtel Africa names Olusegun Ogunsanya as next MD & CEO Airtel Africa plc has announced Olusegun Ogunsanya as its next MD and CEO. Ogunsanya who is currently the Managing Director and CEO of the company's Nigeria operations will succeed Raghunath Mandava, as the next MD and CEO of Airtel Africa with effect from October 1, 2021. Olusegun Ogunsanya joined Airtel Africa in 2012 as Managing Director and CEO Nigeria and has been responsible for the overall management of our operations in Nigeria, our largest market in Africa, the company said...
Airtel Africa names Olusegun Ogunsanya as next MD & CEO
Airtel Africa names Olusegun Ogunsanya as next MD & CEO
Source: IANS
29/04/2021 3:36:07 PM
Mastercard invests $100 mn in Airtel Africa`s mobile money biz Airtel Africa on Thursday announced the signing of an agreement under which global payments technology major Mastercard will invest $100 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned subsidiary of Airtel Africa Plc. AMC BV is currently the holding company for several of Airtel Africa's mobile money operations and is intended to own and operate the mobile money businesses across all of Airtel Africa's fourteen operating countries. The transaction values Airtel Afr...
Mastercard invests $100 mn in Airtel Africa`s mobile money biz
Mastercard invests $100 mn in Airtel Africa`s mobile money biz
Source: IANS
1/04/2021 3:28:05 PM