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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Google Gemini can proactively analyse users’ Gmail, photos, searches
Coinbase cannot support crypto bill in current form, CEO Armstrong says
Google says US transmission system is biggest challenge for connecting data centers
TSMC likely to post fourth-quarter profit leap driven by AI boom
Exclusive-SK Hynix speeds up new chip fab opening to meet memory demand, executive says
Interactive Brokers says betting on US midterm elections should juice growth of its platform
Trump imposes 25% tariff on imports of some advanced computing chips
OpenAI to buy compute power from Cerebras in deal worth more than $10 billion, source says
California to investigate xAI over deepfake content, officials say
European telcos may get unlimited radio spectrum rights, EU document shows

Others Also Read