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Airtel Africa, UNICEF partner to provide youth with remote learning facilities
Telecoms group Airtel Africa, a business that primarily has operations in East, West and central Africa, has reported a revenue increase and customer base increase for its first quarter results. The telecoms giant has also partnered with UNICEF to provide youth with remote learning facilities and has seen an increase in activity in May and June as the ease of lockdowns are implemented globally. Airtel Africa CEO, Raghunath Mandava joins CNBC Africa for more.
Fri, 24 Jul 2020 11:12:51 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Revenue Growth and Customer Base Increase
- Partnership with UNICEF
- Future Investments and Infrastructure Development
Telecoms giant Airtel Africa has reported a revenue increase and customer base growth in its first quarter results. The company, which operates primarily in East, West, and Central Africa, has also collaborated with UNICEF to provide youth with improved remote learning facilities. In a recent interview with CNBC Africa, Airtel Africa CEO Raghunath Mandava shared insights into the company's latest achievements and plans for the future.
One of the key themes discussed in the interview was Airtel Africa's commitment to investing in infrastructure for the future. Mandava emphasized that the company is focused on providing reliable services and building a strong foundation to support ongoing advancements in the telecom industry.
Key Points:
1. Revenue Growth and Customer Base Increase: Airtel Africa's first quarter results showcased a positive trend with a rise in revenue and an expanding customer base. The company's strategic initiatives and operational efficiency have contributed to this growth, positioning Airtel Africa as a key player in the region's telecommunications sector.
2. Partnership with UNICEF: Airtel Africa's collaboration with UNICEF underscores its dedication to social responsibility and supporting education for young people. By enhancing remote learning facilities, the company aims to empower youth with access to educational resources, especially during challenging times like the global pandemic.
3. Future Investments and Infrastructure Development: Mandava highlighted Airtel Africa's strategic approach to capital investments and future plans. Despite uncertainties in the business landscape, the company remains committed to leveraging technology and innovation to drive growth and provide cutting-edge services to its customers.
In response to questions about the company's outlook on future investments, Mandava expressed confidence in Airtel Africa's strategic direction and service-oriented approach. He reiterated the company's focus on building a robust infrastructure that aligns with evolving industry trends and customer demands.
Quote from the Interview:
"We believe that we're in the service industry and I keep repeating it to my team, we're into building infrastructure for the future." - Raghunath Mandava, CEO of Airtel Africa
As Airtel Africa continues to strengthen its position in the telecommunications market, the partnership with UNICEF reflects its broader commitment to social impact and community empowerment. By investing in education and digital inclusion, the company is not only driving business growth but also making a meaningful contribution to the development of young people in Africa.
In conclusion, Airtel Africa's strategic collaborations and forward-looking initiatives underscore its resilience and vision for the future. By prioritizing innovation, customer service, and social responsibility, the company is well-positioned to navigate the rapidly changing telecom landscape and unlock new opportunities for growth and development.
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