Airtel Africa Expands Customer Base, Reports Profits Despite Currency Challenges
Airtel Africa, a subsidiary of Bharti Airtel operating in 14 African countries, reported a profit of USD 115 million for the quarter ending in September 2023. This marked a 13.53 percent decline from the USD 133 million earned in the same quarter the previous year. The company also revealed a 4.7 percent year-on-year decrease in revenue for the quarter, with earnings totalling USD 1,246 million, down from USD 1,308 million... Read More