Airtel reports losses of $89 million due to inflation
Airtel expressed concern about the Nigerian naira devaluation in June 2023 and earlier this year, as well as the Malawian kwacha devaluation in November 2023.
Emeka Ekonkwo
1:50
Airtel Africa starts construction of first data centre in Nigeria
Airtel says Nxtra project is a critical component of the company's growth strategy and represents a watershed moment in the company's history, with a focus on Nigeria, the company's largest market.
1:20
Airtel sets in motion share buy-back programme
The share buyback, which began today, will be phased in two tranches, with the first tranche expected to complete on or before August 31.
1:20
Airtel Zambia names new MD
The appointment of Hussam Baday follows Airtel Zambia’s recent clash with the country’s regulator, due to its frequent network disruptions.
1:30
COMESA investigates ATC, Airtel Africa
The Commission said it received a complaint alleging anti-competitive agreements between American Tower Corporation and Airtel Africa.
1:20
Airtel dispels rumours of Zambia exit
Rumours circulated that the telecom provider had again fallen foul of regulators due to frequent network failures.
1:30
Airtel Africa looking to buy back shares
Despite challenging markets, the mobile telco group’s operations are experiencing strong growth.
2:30
4G smartphone usage propels Airtel Africa in interim results
Airtel Africa's regional networks are seeing growing data and smartphone usage, with 4G devices accounting for more than 80% of all data access in the last three months alone.
2:40
Airtel Africa sees strong growth, but hit by forex challenges
Airtel Africa says the increase in customer base resulted in a 23.0% increase in data users to 59.8 million, and a 23.1% surge in mobile money clients to 36.5 million.
3:00
Africa’s top telco CEOs want mobile industry tax reductions
The group met in Kigali, Rwanda, to discuss the prospects and obstacles for stronger partnerships with African governments, to achieve digital inclusion.
0:30
Airtel Africa hires South African veteran as CTO
Jacques Barkhuizen's 28-year career includes stints in technology leadership positions at Vodacom, Absa, Deloitte Africa, Investec Bank, and Woolworths.
1:20
Airtel intends to list on Uganda Securities Exchange
Airtel revealed it planned to proceed with a public offering of eight billion ordinary shares, representing twenty percent of Airtel Uganda Limited.