Nigeria, May 8 -- Airtel Africa posted a 147.4 per cent jump in net profit last year, compared to 2024, boosted by a notable improvement in turnover, the telecommunications giant reported on Friday.
The revenue of the wireless operator, which in addition to Nigeria, its largest market, operates in thirteen other African countries, enlarged by 29.5 per cent during the period, climbing to $6.4 billion from $5 billion.
Data revenue, the main income source of the company, drove the growth in topline.
The telco's mobile money unit also logged a strong performance, recording $1.4 billion in turnover, more than one-third higher than what it reported a year ago, on the back of robust growth in East Africa and Francophone Africa.
Airtel Africa...
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