Airtel Africa, Helios extend Gabon MoU, end talks on Chad
25th Feb 2022 07:44
(Sharecast News) - Airtel Africa said it had extended its memorandum of understanding (MoU) with Helios Towers in Gabon but would not be renewing its agreement with the telecoms firm in Chad.
Read moreDirector dealings: GSK execs sell shares for tax bills, Airtel director makes £50k purchase
17th Feb 2022 16:06
(Sharecast News) - GlaxoSmithKline disclosed a number of executive awards on Thursday, with two of its directors making large sales to cover their tax bills.
Read moreAirtel Africa tumbles as investors sell 58m shares in placing
8th Feb 2022 08:14
(Sharecast News) - Airtel Africa was under the cosh on Tuesday after funds managed by Warburg Pincus and Morningstar Investment sold 58m shares in the telecommunications group in a placing.
Read moreAirtel Africa makes first closing in sale of Tanzania towers
5th Jan 2022 09:46
(Sharecast News) - Airtel Africa announced the first closing in the sale of its telecommunications tower assets in Tanzania on Wednesday to a joint venture company owned by a wholly-owned subsidiary of SBA Communications as majority owner, and Paradigm Infrastructure.
Read moreAirtel Africa sells mobile money stake for $50m
16th Dec 2021 07:57
(Sharecast News) - Airtel Africa said Chimera Investments had bought a $50m stake in its mobile money operations with the company retaining a majority holding.
Read moreAirtel Africa subsidiary receives approval to operate as a super agent
15th Nov 2021 08:00
(Sharecast News) - Telecommunications provider Airtel Africa said on Monday that its Airtel Mobile Commerce Nigeria subsidiary had been granted approval in principle by the Central Bank of Nigeria to operate as a super agent across the country.
Read moreAirtel Africa gets approval in principle to operate service bank in Nigeria
5th Nov 2021 08:01
(Sharecast News) - Telecommunications group Airtel Africa said on Friday that its subsidiary, Smartcash, has been given approval in principle to operate a payment service bank business in Nigeria.
Read moreAirtel Africa sells batch of towers in Madagascar to Helios
3rd Nov 2021 10:09
(Sharecast News) - Airtel Africa announced the first closing of the sale of its telecommunications tower company in Madagascar to Helios Towers for almost $52m (£38.17m) on Tuesday.
Read moreAirtel Africa H1 profit, revenues grow
28th Oct 2021 08:03
(Sharecast News) - Telecommunications provider Airtel Africa posted a jump in first-half profit and revenue on Thursday, with "strong" performances across its regional segments and key services.
Read moreFriday preview: Global factory and services PMIs, Airtel Africa in the spotlight
21st Oct 2021 10:34
(Sharecast News) - The focus in financial markets at the end of the week will be on a raft of preliminary readings for manufacturing and services sector activity surveys out of the euro area, UK and US for the month of October.
Read moreWednesday broker round-up
4th Aug 2021 14:12
(Sharecast News) - ITV: Berenberg upgrades to 'buy', fair value estimate at 155.0p.
Read moreQatar sovereign wealth fund takes minority stake in Airtel Africa
30th Jul 2021 16:08
(Sharecast News) - Qatar's sovereign wealth fund will take a minority stake in Airtel Africa's mobile money unit.
Read moreFriday broker round-up
30th Jul 2021 12:50
(Sharecast News) - Royal Dutch Shell: Berenberg keeps at'buy' but raises target price from 1,570.0p to 1,720.0p.
Read moreAirtel growth continues amid third wave of pandemic in Africa
29th Jul 2021 09:14
(Sharecast News) - Airtel Africa reported revenue growth of 30.7% in its first quarter on Thursday, to $1.11bn (£0.8bn), with constant currency growth coming in at 33.1%.
Read moreAirtel Africa to sell Tanzania tower portfolio for $175m
2nd Jun 2021 07:32
(Sharecast News) - Airtel Africa said on Wednesday that it has agreed the sale of its Tanzania tower portfolio to a joint venture owned by a subsidiary of SBA Communications Corp and Paradigm Infrastructure for around $175m.
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