Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, will announce its H1’21 results for the period ending 30 September 2020 on 23 October 2020.
Management will host a conference call on the day of results for analysts and investors at 9:30 am BST.
This was made available in a statement released on the Nigerian Stock Exchange’s website and signed by Simon O’Hara, Group Company Secretary, Airtel Africa.
Airtel Africa Q2 revenue grows 6.9% to $851M amidst COVID-19 concerns
Airtel Africa, the subsidiary of Bharti Airtel, reported revenue grew by 6.9%, with constant currency growth of 13.0%. The constant currency growth of 13.0% was partially offset by currency devaluation, mainly in Nigeria (6.9%), Zambia (28.3%) and Kenya (4.4%).
The revenue growth was largely driven by the growth of our customer base, up by 11.8% to 111.5 million and ARPU growth of 1.6% in constant currency. Revenue growth was recorded across all the regions: Nigeria up 17.1%, East Africa up 17.5% and Francophone Africa up 2.2%.
Notably, revenue growth was broad-based across all its key segments: voice up 2.2%, data up 35.7% and mobile money up 26.3% in constant currency terms.
The telecom giant also recorded growth in its customer base by 11.8% to 111.5 million.