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Airtel Africa Sees Surge in Quarterly Profit

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 26 July 2019.

Published on July 26, 2019, Airtel Africa Plc reported a significant surge in its quarterly pretax profit, more than doubling to $167.4 million.

The telecom company's impressive growth can be attributed to a 9.3% rise in its customer base, which has been a key driver of its success.

As a unit of India's Bharti Airtel Ltd, Airtel Africa debuted on the London Stock Exchange last month, marking a significant milestone in its journey.

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