Indian billionaire Sunil Bharti Mittal’s Airtel Africa eyes AI, data centers to drive growth
Sunil Bharti Mittal’s Airtel Africa targets partnerships, AI, and data centers to strengthen the continent’s digital economy.
Sunil Bharti Mittal
Indian billionaire Sunil Bharti Mittal’s Airtel Africa begins Kenya data center project
Airtel Africa has broken ground on a 44-megawatt Nxtra data center at Tatu City, Kenya, to serve enterprises, government agencies, and global cloud providers.
Indian billionaire Sunil Bharti Mittal’s Airtel Africa posts $1.42 billion in first-quarter revenue
Airtel Africa, led by Indian billionaire Sunil Mittal, posted $1.42 billion in Q1 revenue, driven by mobile money, data growth, and user expansion.
Airtel Africa kicks off $100 million buyback program for shareholders
This initiative follows a similar $100 million buyback completed in March 2024, further underscoring Airtel Africa’s commitment to capital reduction and rewarding shareholders.
Airtel Africa extends tower lease agreements with American Tower Corp. for $1.2 billion
Telecom giant aims to stabilize costs and enhance sustainability in key African markets.
Indian billionaire Sunil Bharti Mittal’s Airtel Africa unveils $100-million share buyback program
According to a recent statement by Airtel Africa, the share buyback program will commence immediately, spanning a duration of up to 12 months.
Indian billionaire Sunil Bharti Mittal’s Airtel Africa to boost its capital expenditure to $750 million in 2023
Mittal owns an indirect 3.38-percent stake in the telecom giant.
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.
Indian tycoon Sunil Bharti Mittal’s Airtel Africa becomes ‘most-capitalized’ on NGX
Airtel Africa is a leading provider of telecom and mobile money services in East, Central and West Africa.
Indian billionaire Sunil Bharti Mittal buys back minority shares in unlisted Nigerian subsidiary
Airtel Nigeria is the most profitable subsidiary of Airtel Africa, a leading telecom and mobile money services provider in Africa.
Karl Toriola-led MTN Nigeria receives preliminary green-light to operate payment service bank
Both MTN Nigeria and Airtel Africa have received approval-in-principle for a service bank license.
Sunil Bharti Mittal’s Airtel Africa signs partnership with UNICEF to accelerate digital learning across Africa
Airtel Africa is a leading telecom and mobile money services provider in Africa, with a presence in 14 countries.
Indian billionaire Sunil Bharti Mittal’s Airtel Africa to buy out minority investors in Nigerian subsidiary in $148-million deal
The company has initiated a process to buy back the 8.27-percent minority stake at an offering price of $0.1358 per share.