Raghunath Mandava
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Airtel Africa reported a revenue increase of 30.7% year on year in its second quarter results, reaching $1.1 billion, as the business recovered from the impacts of Covid-19 in 2020.
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Airtel Africa saw revenue rise by 14.2%, year on year in Q4, as the customer base grew and recent developments paid off.
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Airtel Africa plans on selling 4,500 of its tower assets across five countries.
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Airtel Africa confirms an agreement between Airtel Networks and Intercellular Nigeria to acquire additional 10MHz spectrum in the 900MHz band for approximately $70 million.