Airtel’s Africa markets perform to bolster company's profit
Telco reports a net profit of US$193-million for Q3 of its financial year.
Michael Malakata
1:40
Airtel Africa borrows US$194m to drive up subscription
Operator confirms loan facility through IFC to support investments in several new countries.
1:40
Airtel Africa shrugs off micro-economic challenges
Telco points to regulatory KYC issues in Nigeria, as well as impact of tower infrastructure sales.
2:30
Vodacom Tanzania plans to sprint off the spectrum blocks
Company releases statement having secured 700MHz, 2600MHz and 2300MHz following a recent spectrum auction.
1:40
Airtel Tanzania secures spectrum for US$60m
To date Airtel Africa has paid out millions for spectrum in DRC, Kenya, Nigeria and Zambia.
1:40
Airtel Africa partners American Towers Corporation to expand green network
Multi-year partnership agreement will enable Airtel to leverage ATC’s communication sites to expand network.
3:00
American Tower and Airtel Africa Announce Strategic Partnership
To date, ATC Africa has invested approximately $300 million in energy efficiency improvements, renewable energy deployments and energy storage solutions to decrease on-site reliance on fossil fuels.
1:30
Airtel Kenya pays US$40m to boost spectrum spread
Airtel Africa’s subsidiary confirms acquisition of new licence, says additional spectrum will be used to support 4G network expansion and 5G foundation.
2:00
Airtel Africa requests US$194m from IFC to invest in network expansion
Company looks to invest in network infrastructure across seven subsidiaries and also to refinance existing loans.
1:50
Airtel Africa pleased as customer growth normalises in Nigeria
Company releases financial report for the period ended 31 December 2021 and says KYC requirements have been met.
1:20
Comesa gives the go-ahead on Helios tower deal
Organisation receives payment for fine imposed in September.
1:50
Airtel Africa capitalises on growth in East Africa, Francophone regions
After experiencing a slowdown in customer base growth, company notes a 2.2% growth across its 14 operations.