Tag: Airtel Africa
Airtel Africa activates 2Africa undersea cable
Airtel Telesonic, the wholesale arm of Airtel Africa, with a presence in 14 countries in Africa, has activated the 2Africa submarine cable system, marking a...
Airtel Africa completes $550 million bond repayment from cash reserves
Airtel Africa has confirmed that its subsidiary, Bharti Airtel International (Netherlands) B.V., has completed a $550 million bond repayment that was due this month.Â
The...
Airtel incurs $1.7 billion in foreign exchange loss over currency devaluation...
Airtel Africa, Nigeria’s second largest telecoms company has reported significant financial setbacks due to currency devaluations in several of its key markets, notably Nigeria...
Airtel Africa cuts debt, lowers costs through share buyback from Citigroup
Airtel Africa has bought back 8.6 million ordinary shares from Citigroup Global Markets Limited as part of a share buyback plan that began in...
Airtel Africa considers IPO for its mobile money unit – Report
Africa’s second-largest telecom operator, Airtel Africa, is reportedly considering an initial public offering (IPO) for its mobile money unit.Â
According to a Bloomberg report citing people...
Airtel Africa’s data center project to create over 1000 jobs in...
Telecommunications service provider, Airtel Africa, has said that its NXTra data center project in Nigeria is poised to provide jobs for over 1000 Nigerians.
The...
Airtel Africa has a new CEO
Airtel Africa has announced Sunil Taldar as the new CEO as Segun Ogunsanya is set to retire from July 1, 2024.
Taldar, who joined Airtel...
Leverage emerging tech to bridge digital gap – Airtel CEO to...
Airtel Africa’s Group CEO, Dr. Segun Ogunsanya has challenged the telecommunications industry in Africa to leverage emerging technologies to enable all people on the...
Airtel Africa, Mastercard partner on Cross-border remittance
Airtel Africa and Mastercard have announced the launch of a new cross-border remittance service, which will enable Airtel subscribers across 14 African markets to...
Airtel Africa records $151 million loss in Q1 2023
Airtel Africa has reported a loss after tax in its Q1—April 1 to June 30, 2023 results.
The telecom reported a loss after tax of...