Company
Airtel Africa PLC
LON:AAF
Airtel Africa plc is a British company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa. Airtel Africa is majority owned by the Indian telecommunications company Bharti Airtel. Airtel Africa offers mobile voice and data services as well as mobile money services both nationally and internationally. Airtel Nigeria is the most profitable unit of Airtel Africa, due to its cheap data plans in Nigeria. As of March 2019, Airtel had over 99 million subscribers in the continent. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
14 stories
Airtel Africa pays $30mln to extends Kenya licences
Airtel Africa PLC said it has agreed to settle US$30mln in licensing and operating fees with the Kenyan government through its Kenyan subsidiary, Airtel Kenya Networks Limited.
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Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Economists wising up to non-farm payrolls random number generator
Think of a number. Halve it. Add your birth year and the current temperature. Chances are you'll be closer to the non-farm payrolls number than many economists.
Airtel Africa gets first payment from Tanzania sale
Around US$60m of the proceeds will be used to invest in Tanzania and for distribution to the local government, with the balance used to reduce group debt
Airtel Africa signs deal with Mastercard valuing mobile money arm at US$2.65bn
The payments giant will invest US$100mln in subsidiary Airtel Mobile Commerce BV and retain a stake
Airtel Africa and Helios Towers in mobile mast deal
Mobile towers in four Afrcian countries are set to change hands
Airtel Africa resets dividend policy as profits fall
The board proposed a distribution of US$1.5¢ per share, in line with the new progressive dividend policy
Airtel Africa unveils partnership with MoneyGram
As a result of the partnership, Airtel Money customers in 12 countries will be able to route any MoneyGram transfer received from around the world into their mobile money wallets on their phone
Airtel Africa signs cross-border payment deal with Finablr
Finablr's technology will allow Airtel Africa customers to receive payments from over 100 countries without requiring third parties to complete the transaction