Page 4 - Airtel Africa
Airtel Africa Q3 result: Net profit slumps 23% YoY on higher tax outgo
Operating profit for the telecom entity rose 24 per cent to $399 million.
 "Airtel Africa Q3 result: Net profit slumps 23% YoY on higher tax outgo")
AGR dues: $3 bn fundraising reduced business flow risk, says Airtel Africa
It added that the group has adequate committed and non-committed facilities to operate as a going concern.
 "AGR dues: $3 bn fundraising reduced business flow risk, says Airtel Africa")
Airtel Africa posts 24% jump in profit before tax at $143 million
The revenue of Airtel Africa grew 9.8 per cent to $844 million during the reported quarter from $769 million in the corresponding quarter of 2018-19
 "Airtel Africa posts 24% jump in profit before tax at $143 million")
Airtel Africa's mobile money, data growth to double by 2024: Experts
The operator continues to invest in the 4G network, having added nearly 1,500 sites
 "Airtel Africa's mobile money, data growth to double by 2024: Experts")
Airtel Africa data and mobile money penetration to double in next 5 years
Airtel is preparing for the launch of the Mobile Money business in Nigeria
Airtel Africa's net dips 12% to $132 mn in Q1, revenue up 7% at $795.9 mn
This was Airtel Africa's first results announcement after the $750-million initial public offering in June
 "Airtel Africa's net dips 12% to $132 mn in Q1, revenue up 7% at $795.9 mn")
Airtel Africa London Stock Exchange debut lacklustre, stock falls 15%
Airtel Africa operates across 14 African countries and has over 100 million customers
 "Airtel Africa London Stock Exchange debut lacklustre, stock falls 15%")
Airtel Africa falls in London trading debut after raising $750 million
Airtel Africa sale is among the largest IPOs announced in 2019 in London.
 "Airtel Africa falls in London trading debut after raising $750 million")
Airtel Africa targets $750 mn via IPO, eyes listing on London exchange
Additionally, Airtel Africa is also considering listing its shares on the Nigerian Stock Exchange
 "Airtel Africa targets $750 mn via IPO, eyes listing on London exchange")
Airtel Africa completes $200-million funding deal with Qatar sovereign fund
With this fresh investment, the overall debt of Bharti Airtel will reduce to $3.5 billion
Airtel Africa constitutes new board post equity allotment to six investors
The company is in a dialogue with the Government of Tanzania for clarifications, the spokesperson added
Airtel Africa valuation should be much more than $7 billion: Akhil Gupta
Bharti Airtel operates in 14 African countries and all the operations are managed by Bharti Airtel International
 "Airtel Africa valuation should be much more than $7 billion: Akhil Gupta")
Can Airtel's Africa Safari offset Reliance Jio's jolt?
Turnaround of Africa business to the monetisation of tower assets decreasing debt levels: Analysts
 "Can Airtel's Africa Safari offset Reliance Jio's jolt?")