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1 min read

Airtel Africa reports $151 million loss in Q1 2023-24

Revenue in constant currency terms grew 20.4 per cent year-on-year to USD 1,377 million in the …

PTI   


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1 min read

Airtel Africa gets $200 million investment from Rise Fund at a valuation of $2.65 billion – to list its mobile money unit in four years

Sunil Mittal-owned Airtel Africa, which offers telecommunications and mobile money services, has ra…

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2 mins read

Airtel Africa posts double-digit revenue growth and 82% surge in net profit on the back strong cost control and increased usage levels

Constant currency underlying revenue grew 23.3 per cent for the year and 19.1 per cent in Q4. …

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5 mins read

Brokerages remain bullish on Bharti Airtel post Q4 results

Brokerages continue to be bullish on Bharti Airtel’s prospects a day after India’s second-largest t…

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4 mins read

The Indian rich is buying property in Dubai – Tax benefits to rental yields, the driving forces at play

After the COVID pandemic got over, the real estate market has been going from strength to strength …

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9 mins read

Caralynn Matassa   


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Airtel Africa to sell Tanzania's tower portfolio to SBA Communications Corporation and Paradigm Infrastructure for $175 million

Airtel Africa on Wednesday announced the sale of the tower portfolio belonging to Airtel Tanzania t…

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Airtel Africa Q2 net profit slumps 9% amid coronavirus woes

The company's revenue for the period under review was $965 million compared with $844 million ea…

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Bharti Airtel reports 12.6% increase in revenue, ARPU up by 6.5%

In the same quarter of the previous fiscal, the consolidated net profit of the company stood at …

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2 mins read

Expect to spend planned USD 650-700 mn capex in FY21: Airtel Africa

In management discussion and analysis of Q4 and FY20 earnings, Airtel Africa said that a detailed …

PTI   


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2 mins read

Chick-fil-A is making another attempt to crack the international market with a $1 billion investment

This isn't the first time Chick-fil-A has tried an international expansion. In the past, its intern…

Nancy Luna   


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2 mins read

Airtel Africa Q4 profit dips 13%; says mid-term opportunity unchanged, despite rising volatility

The company, in a statement, however emphasised that it is entering "this period of increased volat…

PTI   


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4 mins read

A Black couple who retired early says there's a 'Black tax' on common wealth-building strategies

Julien and Kiersten Saunders say there's a "Black tax" in the FIRE movement that ignores individual…

Leo Aquino   


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2 mins read

Facing a furious price war at home, India’s largest telecom company Airtel is being forced to backpedal on its global ambitions

Airtel has been on a bumpy road off-late. And now, Airtel is forced to dial back on its int…