Airtel grows Q1'21 revenue by 14.2% - Punch Newspapers

Airtel Africa Plc on Wednesday reported a 14.2 per cent growth in income in its Q1 2021 earnings.

The company said it recorded revenue growth across all its regions: Nigeria by 21.9 per cent; East Africa by 23.5 per cent and Francophone Africa by 10 per cent. Revenues for voice was up by 11 per cent, data was up 31.2 per cent and mobile money was up 35.5 per cent. Chief Executive Officer, Airtel Africa Plc, Raghunath Mandava, in a statement on Wednesday, said, “In these challenging times, I want to say a huge thank you to all our employees, our business partners, and governments and regulators who have supported us, and in turn facilitated our continued support to the economies and communities we serve.

“Our performance has been strong, with reported growth of 13.6 per cent in underlying revenue and 18.3 per cent in underlying EBITDA, and constant currency growth of 19.4 per cent and 25.2 per cent respectively.

AirtelNigeria You people deduct people’s airtime for nothing. I recharged 100naira, to check 4hrs later, I received this. This has happened multiple times as you can see. SMH to grow yr 1st quarter 😤🤬

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