HomeBusinessAirtel Africa Don Cash Out Big: Profit Don Skyrocket!

Airtel Africa Don Cash Out Big: Profit Don Skyrocket!

Abeg make I gist una beta news wey dey happen for Airtel Africa! Dem just drop their nine-month financial report and wetin I go tell una be say, their profit don waka come reach $586 million! Na double of the $248 million wey dem make last year. E be like say this 2025, dem really dey chop well!

As e be, those plenty profits no be just from anywhere; dem come through higher demand for mobile data and financial services wey dey hot across Africa. Airtel dey do business for 14 countries, and na so dem fit rack up those big bucks. E get one report wey talk say dem don improve wetin dem dey collect from foreign exchange, from one loss of $153 million to gain of $99 million. Na correct business move!

When we look the numbers, dem revenue don soar to $4.67 billion. Na 24.6% increase if we carry constant currency measure and 28.3% if na reported currency we dey talk. E no dey small matter o! Dem release this info on Friday, and e really show say dem dey cover ground well-well, especially for Q3 where dem revenue grow by 32.9%!

Sunil Taldar, wey be Chief Executive Officer of Airtel Africa, come talk say this result na clear indication of how strong their strategy be. E no lie, because na for this period, dem also increase their investment to boost coverage and capacity for data, plus dem dey make their fiber network bigger!

Mobile services don dey increase revenue by 23.3% when we look am through constant currency. And data revenue wey be the main contributor don jump by 36.5%. Voice revenue follow come with 13.5% growth. Dem also fit show say mobile money revenue don increase seriously by 29.4%. Na beta performance!

Sunil still yan say, dem dey push for digitisation and tech innovation. Dem even dey use artificial intelligence for their work to shine better customer experience. Na wetin we dey talk about now! Smartphone adoption dey rise sharply, wey now reach 48.1%. Dem dey see serious growth for their home broadband service too. No be small thing!

E be like say customers too dey join Airtel plenty; dem customer base don grow 10% go 179.4 million. For this period, data customers don increase by 14.6% to 81.8 million. Dem data consumption per person don also rise from 6.9GB to 8.6GB per month! Na good news for data lovers!

Airtel Africa’s mobile money business don enter big league as subscriber numbers don grow to 52 million, and dem fit show say total processed value go pass $200 billion. Na serious milestone dem don reach, wey dey show how people dey chop financial services!

As dem dey eye future, dem say dem go keep investing to expand their network and partnerships. E clear say demand for data and digital financial services dey rise pass normal. All these movement dey place Airtel Africa for position to capture even more market share!


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