Airtel Africa

This article is about the mobile network operator in Africa. For Bharti Enterprises telecommunication brand, see Bharti Airtel.

Airtel Africa plc
Airtel
FormerlyAirtel Africa Limited (2018–2019)[1]
Company typePublic
IndustryTelecommunications
PredecessorZain Africa B.V.
Founded8 June 2010; 14 years ago (2010-06-08)
HeadquartersLondon, England, UK[2]
Area served
Africa
Products
ServicesAfrica's leading provider of prepaid, postpaid mobile, & 4G services.
RevenueIncrease $5.268 billion (2023)[3]
Increase $1.757 billion (2023)[3]
Increase $0.750 billion (2023)[3]
Total assetsIncrease $11.166 billion (2023)[3]
Total equityIncrease $3.808 billion (2023)[3]
ParentBharti Airtel (67.2%)
Subsidiaries
Websiteairtel.africa

Airtel Africa plc is an Indian multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa. Airtel Africa is majority owned by the Indian telecommunications company Bharti Airtel. Airtel Africa offers mobile voice and data services as well as mobile money services both nationally and internationally. Airtel Nigeria is the most profitable unit of Airtel Africa, due to its cheap data plans in Nigeria. As of March 2019, Airtel had over 99 million subscribers in the continent.[4] It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.[5]

  1. ^ "Airtel Africa plc overview - Find and update company information - GOV.UK". Companies House. 12 July 2018. Retrieved 11 February 2024.
  2. ^ "Airtel Africa PLC AAF Our story - Stock | London Stock Exchange". www.londonstockexchange.com. Retrieved 16 March 2021.
  3. ^ a b c d e "Annual Results 2023" (PDF). Airtel Africa. Retrieved 11 February 2024.
  4. ^ Cite error: The named reference ET1 was invoked but never defined (see the help page).
  5. ^ "BHP Group Plc (UK) & BHP Group Ltd (Australia): Unification of Share Structure - Update: Changes in FTSE UK Index Series". 26 January 2022. Retrieved 26 January 2022.