AIRTEL’S REVENUE REACHES $736 MILLION AS MOBILE SUBSCRIBERS IN AFRICA HIT 80 MILLION

Growth and development in industries specialized in giving services has recorded some huge expansion in terms of profits and revenue. The aid from the back-end has been the continuous innovative culture that has birthed effective ways of operations.

Airtel’s Africa operations, where the company has networks in 15 countries, including Tanzania, saw revenue growth of 1.5 per cent to reach $736 million, up from $732 million on a constant currency basis.

Data revenue for the region reached $138 million, up by 11.3 per cent year over year, and now contributes to 18.7 per cent of the region’s total revenue. Data traffic in the region also grew by 75 per cent.

The operator’s total mobile subscribers in Africa increased 4 per cent to 80 million, up from 77 million last year.

Airtel’s Africa MD and CEO Raghunath Mandava said the data story in Africa is “unfolding well”.