Airtel Africa Q2 Profit Rises 16% to $254 Million on Strong Revenue Growth
Airtel Africa reported a 15.9% rise in quarterly net profit to $254 million, supported by broad-based revenue growth across its African markets. The telecoms group also posted a record underlying EBITDA margin of 50%, underscoring the strength of its data and mobile money businesses even as demand for connectivity accelerates across the continent.
