Airtel Africa eyes broadband and mobile money boost after bumper first half


FILE PHOTO: A general view shows customers and employees inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre within the Westlands district of Nairobi, Kenya January 29, 2021. REUTERS/Thomas Mukoya

NAIROBI (Reuters) - Airtel Africa expects a boost from growing demand for mobile broadband and phone-based financial services, its chief executive said on Thursday, after posting rapid growth in first-half earnings.

The telecoms firm, which operates in 14 African markets including Nigeria and Kenya, said revenue grew 27.6% on a constant currency basis in the six months to the end of September.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Australia to make big tech liable for citizens’ online safety
Price hike: Netflix subscribers in M’sia will now have to pay more monthly
The 'morphing' wheel from South Korea that may transform lives and robots
Indonesia's Indosat, GoTo launch local-language AI model
Bob Lee’s accused killer says tech executive ‘went crazy on me’
A more colourful image of space will help us unravel the universe’s mysteries
This robot learned to clean a sink by imitating humans
Think twice before sharing photos of your kids online, experts say
UK consumer group takes on Apple over iCloud service
FBI raids Polymarket CEO's home, seizing phone, electronics

Others Also Read