Airtel Africa Plc recorded a 20.5 percent increase in profit after tax to $452 million for the six months ended September 30, 2026, supported by stronger demand for data services …
Telecommunications
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AirtelTelecommunications
Airtel Money Revenue Rises 25.1% to $830 Million in First Results Since London Listing
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – Airtel Money, the mobile money arm of Airtel Africa, reported a 25.1 per cent rise in revenue to $830 …
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Buying and selling phones is a major part of Nigeria’s retail market, from large electronics stores to small shops selling new and used devices. But for phone dealers, a device’s …
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The Nigerian Communications Commission (NCC) has warned manufacturers, importers, distributors and retailers of SIM-enabled devices to comply with its approval and verification requirements or risk having non-compliant products blocked from …
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The Federal Government is developing a blended funding model to expand telecommunications services to rural communities with little or no network coverage. The proposed model will combine funding from the …
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BusinessMobile Telecommunications Network (MTN)Telecommunications
MTN Clarifies Airtime Compensation Amid Data Depletion Complaints
MTN Nigeria has clarified that the airtime compensation being credited to eligible subscribers is linked to poor network quality and is not compensation for complaints about rapidly depleted data bundles. …
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BusinessMobile Telecommunications Network (MTN)Telecommunications
Mafab’s 5G Exit to MTN Raises Competition Concerns
Nearly five years after winning a major 5G spectrum licence, Mafab Communications is seeking to transfer key spectrum assets to MTN Nigeria, raising fresh concerns about competition in Nigeria’s telecommunications …
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Africa’s 5G market remains relatively small in terms of subscribers, but the technology is already having a much larger impact on the continent’s data economy as 5G users consume significantly …
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Airtel Money is preparing to proceed with an initial public offering (IPO) on the London Stock Exchange, with details of the indicative share price range and number of shares expected …
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Nigeria has recorded substantial growth in broadband access over the past several years, but the country did not meet its target of achieving 70 percent broadband penetration by the end …