Indian billionaire Sunil Bharti Mittal’s Airtel Africa reports $514 million in profit in 9M 2021
In comparison to the previous year’s figures, the telecom company’s profit increased by 97.3 percent.
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In comparison to the previous year’s figures, the telecom company’s profit increased by 97.3 percent.
Both MTN Nigeria and Airtel Africa have received approval-in-principle for a service bank license.
Airtel Africa is a leading telecom and mobile money services provider in Africa, with a presence in 14 countries.
Gebreyes has played seminal roles in the founding of companies with operations in Africa and abroad.
The company has initiated a process to buy back the 8.27-percent minority stake at an offering price of $0.1358 per share.