Airtel Africa Posts $452 Million Half-Year Profit as Data Revenue Hits $1.57 Billion
Airtel Africa has reported a $452 million half-year profit alongside $1.57 billion in data revenue, with the group recording 28 percent revenue growth across its 14 markets. The results underscore the continent's connectivity growth trajectory.
Airtel Africa: 90 million data customers is the number that matters
Smartphone penetration across Airtel's 14 markets just crossed 51 percent, and the average customer is now burning through 13.3GB a month — up from 10.1GB a year ago.
That shift in behaviour is what's driving the money. Data revenue hit $1.57 billion, roughly half of all mobile services income, on the back of 90 million data customers.
The infrastructure is moving to meet it — capital spending more than doubled, with 4,200 new network sites added in six months. That is the kind of investment that quietly raises the floor for every startup that depends on connectivity reaching the next hundred million Africans.
2 sources
- Airtel Africa half-year profit rises 20% to $452m · techtrendske.co.ke · T2
- Airtel Africa reported $452m H1 profit as data revenue hits $1.57bn · innovation-village.com · T2