Latest News on Airtel Africa
Showing of 0 - 10 from 13 results
Airtel Africa - Total results - 13
Jan 28, 2020
Airtel Africa Q3 net profit slumps nearly 21% to $103 million; revenue rises 14.2% to $883 millionBharti Airtel's Africa unit, Airtel Africa, on Tuesday posted about 21 percent fall in net profit for the third quarter ended December 2019 at $103 million (around Rs 735 crore)
Oct 25, 2019
Airtel Africa Q2 net profit up 78% at $96 mn driven by growth in customer base; revenue grows 9.8% to $844 mnThe revenue of Airtel Africa grew 9.8 percent to $844 million during the reported quarter from $769 million in the corresponding quarter of 2018-19.
Aug 28, 2019
Airtel crosses the 100 million subscribers in Africa to become second largest operatorAirtel Africa claims to be the second-largest mobile operator in Africa in terms of number of active subscribers.
Jul 26, 2019
Airtel Africa June quarter profit down 12% to $132 mn; revenue rises 10.2% to $796 mnAirtel Africa on Friday reported 12.2 percent decline in profit after tax to $132.2 million (Rs 911 crore) for the quarter ended 30 June, 2019
Jun 17, 2019
Airtel Africa's London IPO price set at 80-100 pence per share; company to raise up to $750 mnBharti Airtel on Monday announced the price range of its Africa business IPO on the London Stock Exchange at 80-100 pence per ordinary share, through which the company expects to raise $750 million (approximately Rs 5,236 crore)
Jun 04, 2019
Airtel Africa to raise $750 mn through initial public offering, eyes London listingTelecom operator Bharti Airtel on Tuesday said its subsidiary Airtel Africa expects to raise at least $750 million (approx Rs 5,189 crore) through a public offer and plans a subsequent listing on the London Stock Exchange
May 28, 2019
Airtel Africa looks at $1 billion London listing; company plans to sell 25% new shares to reduce existing debtTelecom czar Sunil Mittal-led Bharti Airtel's Africa unit plans to launch over $1 billion (around Rs 6,970 crore) IPO in London to help reduce debt
Dec 20, 2018
Airtel board sets up committee to explore fund raising options for strengthening balance sheetBharti Airtel had recently raised $1.25 billion from six global investors -- Warburg Pincus, Temasek, Singtel, SoftBank Group and others through a primary equity issuance in Airtel Africa.
Nov 26, 2018
Airtel Africa appoints JP Morgan, Citigroup, Goldman Sachs among eight global banks to work on IPO planAirtel Africa operates in 14 countries across Africa where it offers 2G, 3G and 4G mobile services and mobile commerce through 'Airtel Money'.
Oct 25, 2018
SoftBank, SingTel, Temasek, others to invest $1.25 bn in Airtel Africa; co to use funds to reduce debt, upgrade networkThe Africa business helped Bharti Airtel post positive income at the end of first quarter of 2018-19.