Airtel Africa Plc increased its capital expenditure in Nigeria to $39m in the second quarter of 2025, up 1.7 per cent from $38m in the same period last year.
According to the company’s financial statement the marginal increase highlights Airtel’s continued investment in its largest and most strategic market, despite a broader slowdown in group-level capital spending this quarter.
The Punch newspaper reported that the increase in capital spending by Airtel comes at a time when telecom subscribers are expecting tangible improvements in service quality, following a 50 per cent tariff adjustment approved by the Nigerian Communications Commission earlier this year.
It added that Telcos have begun to show signs of commitment to network upgrades, bolstered by the recent delivery of telecom equipment valued at $1bn.
“In Nigeria, capital expenditure for the quarter ended 30 June 2025 was $39m, compared to $38m in the same period last year,”.
According to the statement, the Group-wide capital expenditure stood at $121m in the three months ended June 30, representing a decline from the previous year, which the company attributed to timing differences in project execution.
However, Airtel maintained its full-year capex guidance at between $725m and $750m, indicating that more spending is anticipated in the coming quarters.
Capital expenditure, or Capex, refers to the funds used by a company to acquire or upgrade physical assets such as network towers, fibre infrastructure, and IT systems.
In Nigeria, the $39m spent during the quarter was likely directed toward expanding and modernising the operator’s mobile and broadband networks, enhancing service coverage and capacity in urban and rural areas.
