Sunday share tips: Airtel Africa, Kier

26th Mar 2023 16:38

(Sharecast News) - The Sunday Times's Lucy Tobin told readers that shares of Airtel Africa were a 'buy', pointing to the telecom group's footprint in Africa and fast-growing money transfer unit.

Read more

Airtel Africa Q3 pre-tax profits fall despite revenue growth

2nd Feb 2023 08:00

(Sharecast News) - Telecommunications group Airtel Africa said on Thursday that third-quarter pre-tax profits had fallen despite delivering increased revenues in the period.

Read more

Airtel Africa buys 4/5G spectrum in Nigeria for $316m

9th Jan 2023 07:15

(Sharecast News) - Airtel Africa said its Nigerian subsidiary had bought 4G & 5G spectrum from the Nigerian Communications Commission for $316.7m.

Read more

Airtel Africa hikes interim dividend, H1 revenues grow

27th Oct 2022 08:35

(Sharecast News) - Telecommunications company Airtel Africa raised its interim dividend on Thursday after first-half revenue and underlying profits increased by double digits.

Read more

Airtel Africa buys additional spectrum in Zambia for $29m

14th Oct 2022 09:06

(Sharecast News) - Airtel Africa said on Friday that subsidiary Airtel Networks Zambia has bought 60 MHz of additional spectrum for $29m.

Read more

Airtel Africa buys additional spectrum in Tanzania for $60.1m

13th Oct 2022 10:51

(Sharecast News) - Airtel Africa said on Thursday that its subsidiary, Airtel Tanzania, has bought additional spectrum for $60.1m as it looks to support its network expansion in the market for both mobile data and fixed wireless home broadband capability, including 5G rollout.

Read more

Airtel Africa revenues up double digits in Q1

28th Jul 2022 08:26

(Sharecast News) - Telecommunications group Airtel Africa said on Thursday that first-quarter revenues had grown by double digits amid margin and earnings progression and a further strengthening of its balance sheet.

Read more

Airtel Africa subsidiary acquires $40m of additional spectrum in Kenya

25th Jul 2022 07:02

(Sharecast News) - Telecommunications group Airtel Africa's Kenyan subsidiary has purchased 60-megahertz of additional spectrum for $40.0m as part of an effort to support its 4G network capacity expansion in the market for both mobile data and fixed wireless home broadband capabilities.

Read more

Airtel Africa spends $42m on additional spectrum in DRC

6th Jun 2022 08:04

(Sharecast News) - Airtel Africa announced the purchase of 58 MHz of additional spectrum in the Democratic Republic of the Congo (DRC) on Monday, spread across the 900, 1800, 2100 and 2600 MHz bands, for gross consideration of $42m (£33.55m).

Read more

Airtel Africa's SmartCash subsidiary commences operations in Nigeria

19th May 2022 08:34

(Sharecast News) - Telecommunications firm Airtel Africa revealed on Thursday that its SmartCash Payment Service Bank subsidiary had commenced operations in Nigeria.

Read more

Airtel Africa FY pre-tax profits rise as customer base grows

11th May 2022 09:10

(Sharecast News) - Telecommunications firm Airtel Africa posted a sharp increase in both full-year profits and revenues on Wednesday thanks to solid growth in its customer base.

Read more

Airtel Africa awarded full Nigerian super agent licence

26th Apr 2022 07:35

(Sharecast News) - African telecommunications and mobile money services provider Airtel Africa confirmed on Tuesday that the Central Bank of Nigeria had awarded its Airtel Mobile Commerce Nigeria subsidiary with a full super agent licence.

Read more

Airtel Africa works with Nigerian government to collect valid NINs

5th Apr 2022 07:17

(Sharecast News) - Telecommunications firm Airtel Africa said on Tuesday that it has been working with the government of Nigeria to ensure that all subscribers provided valid National Identification Numbers to update SIM registration records.

Read more

Airtel Africa tumbles after Singapore Telecom sells 60m shares

25th Mar 2022 08:23

(Sharecast News) - Airtel Africa tumbled on Friday after Singapore Telecom sold 60m shares in the company in a placing.

Read more

Airtel Africa agrees licence settlements with Kenya

7th Mar 2022 07:18

(Sharecast News) - Airtel Africa said its Kenya subsidiary has agreed settlements with the Communications Authority of Kenya over operating and spectrum licences, and received approval for the replacement of its temporary licence with a 10-year frequency licence for 2x10 MHz of spectrum in the 2100 MHz band.

Read more