Africa: Airtel Africa Reports 31 Percent Revenue Jump in Strong First-Quarter Results
Airtel Africa said revenue rose 31% to $1.85 billion as customer growth and cost controls helped offset a $37 million dispute charge.
- On Thursday, Airtel Africa reported a 27 per cent rise in Profit to $198 million for the quarter ended June 30, 2026, driven by higher operating Profit.
- Consolidated revenue stood at $1,853 million, up 31.0 per cent, reflecting Constant currency growth of 21.1 per cent and macroeconomic tailwinds supporting currency appreciation.
- The total customer base increased 11.6 per cent to 189 million, while data usage per customer climbed to 10.6 GB per month, generating a 56.3 per cent surge in data traffic.
- Airtel Africa accelerated network investments, with capital expenditure rising to $389 million from $121 million, though Profit was impacted by an exceptional $37 million finance cost from a commercial dispute settlement.
- Mobile services revenue grew 19.1 per cent in Constant currency, while Mobile money revenue increased 25.8 per cent, reflecting sustained demand for digital financial services across the continent.
23 Articles
23 Articles
Airtel Africa Q1 revenue rises to $1.85 billion
Airtel Africa has reported a strong start to its 2026/27 financial year, with first-quarter revenue rising by thirty-one percent as growing demand for mobile data and digital financial services...
Africa: Airtel Africa Reports 31 Percent Revenue Jump in Strong First-Quarter Results
Airtel Africa Plc has recorded a strong start to its 2026/27 financial year, with revenue climbing 31% on the back of rising customer demand for data and mobile money services, the company has announced.
Airtel Africa net profit jumps 27% to $198 million as revenue growth accelerates
Bharti Airtels Africa business reported a 27% year-on-year increase in Q1FY27 net profit to $198 million, supported by higher operating profit, despite foreign exchange losses and an exceptional finance cost of $37 million.
aninews.in
Airtel Africa Q1 profit rises 27% YoY to USD 198 million
Airtel Africa reported a 27 per cent rise in profit after tax to USD 198 million for the first quarter ended June 30, 2026, driven by higher operating profit, the company said on Thursday.
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