Airtel Africa eyes broadband and mobile money boost after bumper first half

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NAIROBI : Airtel Africa expects a boost from growing demand for mobile broadband and phone-based financial services, its chief executive said on Thursday, after posting rapid growth in first-half earnings.The telecoms firm, which operates in 14 African markets including Nigeria and Kenya, said revenue gre

NAIROBI : Airtel Africa expects a boost from growing demand for mobile broadband and phone-based financial services, its chief executive said on Thursday, after posting rapid growth in first-half earnings.

The growth trajectory will continue, CEO Segun Ogunsanya told Reuters after the results were released, driven by demand from a fifth of Africa's population that still has no access to mobile broadband. In Nigeria, which is Airtel's biggest market, the firm has applied for a licence to offer financial services, from the central bank.

 

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