Tag: airtel africa
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.
Airtel Africa announced their 2019-2020 financial results that saw an 11.2 per cent revenue increase but is their current business module sustainable in a post COVID-19 environment, CNBC Africa spoke to the CEO of Airtel Africa, Raghunath Mandava for more.
In its 9-month financial statement, MTN Nigeria recorded a 28.9 per cent increase in its Profit-After-Tax. Meanwhile, Airtel Africa’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin grew by 43.9 per cent in its half-year 2020 earnings driven by an improved efficiency in Nigeria. David Adu, Senior Analyst at Meristem Securities joins CNBC Africa for more.
As MTN Nigeria and Airtel Africa earnings hit the markets. Opeyemi Ani, Equity Research Analyst at Cordros Securities joins CNBC Africa for more.
Airtel Africa shares lost another 10 per cent on its third trading session bringing its share price to 323 Naira 5 Kobo. Andrew Tsaku, Trader at Kapital Care Trust joins CNBC Africa for more.
Airtel Africa shares are down 10 per cent on its second trading day on the Nigerian Stock Exchange (NSE). Tunde Oyekunle, Head of Investment Banking at PAC Capital joins CNBC Africa for more.
Nigeria's equities markets are down over one per cent as Airtel Africa finally lists its shares on the Nigerian Stock Exchange (NSE), Ayodele Akinwunmi, Head of Research of FSDH Merchant Bank joins CNBC Africa for more.
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