Airtel Africa

Airtel Africa Q2 profit rises 16% to $254 million, revenue up 26%

Airtel Africa has posted around 16 per cent increase in profit after tax at USD 254 million on reported currency basis for the second quarter ended September 30, 2026. The company had logged a profit after tax of USD 219 million in the same period a year ago. Revenue increased by 26 per cent to USD 1,970 million from USD 1,567 million in the September 2025 quarter. Revenue, however, increased by 20.6 per cent on constant currency basis. The total customer base increased 11.6 per cent to 193.9 million, with data customers growing 15 per cent to 89.9 million and mobile money customers increasing 22.4 per cent to 60.9 million. The company said that the increase in smartphone penetration to 51.6 per cent continued to drive the demand for data services, resulting in higher smartphone data usage per customer of 13.3 GB, up from 10.1 GB in the prior period. "The increase in data usage per customer, together with continued improvements in the customer experience, drove constant currency d

Airtel Money to debut on London Stock Exchange; biggest listing in 5 yrs

Existing shareholders including the Qatar Investment Authority and TPG Inc. sold 270 million shares at £1.96 apiece in the IPO, raising roughly £529 million ($700 million) in the process, according to

Airtel Money files for London IPO through offer for sale by shareholders

Airtel Africa's payments arm said existing shareholders will sell shares in the offer, with no new capital to be raised by the company

Airtel Money files for potential London IPO of at least $800 million

The mobile payments firm, part of Airtel Africa Plc, said on Wednesday that it is considering listing on the London Stock Exchange

Indus Towers eyes debt-funded Africa push with Airtel as anchor customer

The telecom infrastructure company plans to enter Nigeria, Uganda and Zambia with Airtel Africa as its anchor customer, while funding the expansion largely through debt

Airtel Africa picks London Stock Exchange to list Airtel Money by December

The Bharti Airtel subsidiary said the London listing would provide access to a broad international investor base, subject to regulatory approvals

Airtel Africa chooses London for mobile-money business listing this year

Airtel Africa has chosen London as the primary listing venue for its mobile-money business, with the IPO expected this year, subject to market conditions and regulatory approvals

Bharti Airtel raises stake in Airtel Africa to 79% in ₹28,000-cr deal

Bharti Airtel has raised its stake in Airtel Africa by 16.31 per cent to about 79 per cent through a share-swap agreement, which is estimated to be around Rs 28,200 crore, according to a company filing on Tuesday. Before the transaction, Bharti Airtel held 62.73 per cent in Airtel Africa. "The company completed the acquisition of 595,204,251 shares (around 16.3 per cent stake) of Airtel Africa, from ICIL on June 22, 2026. Consequently, the company's effective stake in Airtel Africa has increased to around 79 per cent," Bharti Airtel said in the filing. The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment Limited (ICIL), a promoter group entity, on a preferential basis, in exchange for its 16.31 per cent stake in Airtel Africa. The transaction, being a cashless share-swap, presents an opportunity to the company to acquire a large block and increase its economic interest in a high-growth asset without any incremental leverage or cash outflow, th

Bharti Airtel shareholders approve ₹28,200 cr Airtel Africa share-swap deal

Shareholders have approved Bharti Airtel's ₹28,200 crore share-swap transaction with promoter group entity ICIL, raising the telecom firm's indirect stake in Airtel Africa to 79.04 per cent

Bharti Airtel approves ₹28,200 cr share-swap to raise Airtel Africa stake

Bharti Airtel will issue shares to promoter group firm ICIL in a cashless transaction that strengthens its indirect holding in Airtel Africa

Airtel Africa pushes Airtel Money IPO to H2 2026 amid West Asia crisis

Airtel Africa profits up 147%, ARPU up xx%; Capex for FY27 at $1.1 bn

Airtel Africa profit jumps multifold to $813 mn in FY26; revenue up 29.5%

Bharti Airtel's African arm, Airtel Africa, has posted over two-fold jump in its profit to USD 813 million ( about Rs 7,700 crore) for the fiscal year 2026, mainly driven by tariff adjustments in Nigeria and forex gain, the company said on Friday. Airtel Africa said it plans to list Airtel Money in the second half of 2026. The company, which operates in 14 African countries, had posted a profit after tax (PAT) of USD 328 million in the preceding financial year. "Higher profit after tax in the current period was driven by higher operating profit and derivative and foreign exchange gains of USD 127 million, compared to USD 179 million derivative and foreign exchange losses in the prior period," the company said in a statement. Airtel Money's customer base increased by 21.3 per cent year-on-year to 54.1 million, and transacting customers increased by 74 per cent in FY26. Its annualised total processed value grew by 49 per cent to over USD 215 billion in reported currency in ...

Airtel Africa delays IPO of mobile money unit to second half of 2026

Airtel delayed the proposed IPO to the second half of the year from the first because of the war in Iran

Sunil Mittal to retire as Airtel Africa chairman; Vittal to take over

Shravin Bharti Mittal, the telecom tycoon's son, will become the company's deputy chairman

Airtel Africa profit rises 24% in Q3 FY26, up 136% in nine months

Forex gains from currency appreciation and higher data revenues boost earnings, while subscriber base and smartphone penetration continue to rise across markets

Airtel Africa Q4 profit at $80 million on revenue growth, lower costs

Lower finance costs and steady revenue growth lifted Airtel Africa's Q4 profit to $80 million and helped it post a full-year net profit of $328 million in FY25

Airtel Africa partners with Starlink to provide satcom across continent

Starlink has secured necessary licences to provide satcom in 9 of the 14 countries Airtel Africa operates in

Airtel lands India's 20th undersea cable to connect with Africa, Europe

System is part of 45,000 km-long '2Africa', which will be the world's longest cable once completed

Bharti Airtel gets board nod to raise stake in Airtel Africa by up to 5%

Bharti Airtel board has approved raising the stakeholding in Airtel Africa by up to 5 per cent, the telecom firm said in a statutory filing on Friday. Airtel Africa Mauritius Limited, which is a step-down subsidiary of Bharti Airtel, presently holds 57.29 per cent of Airtel Africa plc. The said acquisition is being done to increase stake in Airtel Africa plc, it said. "...the Special Committee of Directors, a duly authorised Committee by the Board of Directors of the company, has approved an increase in shareholding of the company in Airtel Africa plc (a subsidiary company listed in UK), by acquisition of up to 5 per cent stake in one or more tranches during FY 2024-25, through Airtel Africa Mauritius Limited (AAML), a step-down subsidiary company," the filing said. The acquisition shall be undertaken for cash consideration and at pricing, in accordance with the applicable laws, it further said.

Airtel Africa Q3 results: Net profit rises to $133 million, revenue up 2%

Appreciation in key currencies give exceptional gain of $94 million to company