30 results
- 14 May 2021
Jumia Records Increase in Gross Profit in Q1 Report
Jumia, Africa's ecommerce market leader has released its 2021 quarter one report, recording 11% year-on-year gross profit increase, as adjusted EBITDA loss decreased by 24% year-over-year. The report…
- 28 Sept 2015
BlackBerry Targets Software Licensing to Increase Revenue
BlackBerry Limited on Monday released its ‘Fiscal 2016 Second Quarter Results’ showing continued progress in key financial metrics including software growth, EBITDA and free cash flow. BlackBerry, a…
- 8 May 2025
Airtel Africa Records Customer Base Increase of 8.7Percent to 166.1m
Airtel Africa has grown its customer base by 8.7 percent to 166.1 million, the increase was with a focus on digital inclusion, supporting a 4.3 per cent increase in smartphone penetration to 44.8 per…
- 2 May 2021
MTN Nigeria’s Mobile Subscribers Decline by 5 Million to 71.5 Million in Q1 2021
MTN Nigeria Communications Plc has announced its unaudited results for the quarter ended 31 March 2021. The telecom company in a released unaudited result, reveals that its mobile subscribers…
- 27 May 2015
MTN Nigeria Pushes Group Subscribers to 229.2m
The telecoms environment remains challenging across MTN's markets, with persistent price competition and regulatory challenges, the company anticipates stability in operating trends over the balance…
- 6 Nov 2015
Music Subscriptions Will Dominate Digital Charge, Retail Spending- Ovum
Retail sales of recorded music will see little variation in total spending levels in the years to 2020 despite the rising interest in streaming, according to global analyst firm Ovum’s latest…
- 31 Oct 2023
Airtel Africa Grew Subscriber Base to 147.7M in Interim Results
Telecommunications services provider, Airtel Africa has recorded strong and resilient operating performance in its published half year results ended September 30, 2023, growing total customer base by…
- 30 Jan 2025
Airtel Africa Records 7.9% Subscriber Growth, $3.6B Revenue in Nine-month Results
Airtel Africa reports strong revenue and customer growth, bolstered by data, mobile money, and network investments despite currency fluctuations. Airtel Africa plc has announced its results for the…
- 27 Feb 2026
MTN Nigeria Posts Record N1.70 Trillion Pre‑Tax Profit, Declares N20 Dividend for 2025
MTN Nigeria Communications Plc has recorded a landmark turnaround in 2025, posting a pre‑tax profit of N1.70 trillion, reversing a loss of N550.3 billion in 2024 as the company emerged from a rough…
- 23 Mar 2021
Helios Announces Key Acquisitions to Advance Africa Aspirations
Independent telecom infrastructure company Helios Towers has signed agreements with Airtel Africa to acquire its passive infrastructure operating companies in Madagascar and Malawi, and has entered…
- 23 Oct 2020
Data, Mobile Money Revenues Buoy Airtel Africa Half-Year Result
Shareholders of Airtel Africa will receive an interim dividend of $1.5¢ (one and a half cents of the US dollar) per share for the half-year ended September 30, 2020, the board of the telco has…
- 25 Jul 2024
Airtel Africa's Revenue Drops 16%, Records $7M Net Profit in Q1 of 2025
Airtel Africa has reported a consolidated net profit of $ 7 million for the first quarter of its 2025 financial year ending June 2024 against a $ 170 million loss in the year-ago period. Its net…
- 12 Aug 2019
MTN to Focus on FinTech, Others
MTN said it will prioritise its FinTech operation, mobile money, recovery of prepaid, 4G coverage, Ayoba and MusicTime, as part of its business objectives for the second half of 2019. The…
- 11 Mar 2020
MTN Group Records Commercial Momentum in Financial Report
MTN Group on Wednesday announced an encouraging set of results for the year ended 31 December 2019. The group also announced the stepping down of Rob Shuter, group president and CEO at the end of his…
- 7 May 2012
Airtel Gains Big in Africa, Profit Soar
Airtel, the Indian telecom operator with spread in Nigeria and 16 other African countries has reported robust revenue of $3,723 Million, a 15 per cent increase year-on-year for the fourth quarter…
- 12 Aug 2019
MTN to Focus on FinTech, Others
MTN said it will prioritise its FinTech operation, mobile money, recovery of prepaid, 4G coverage, Ayoba and MusicTime, as part of its business objectives for the second half of 2019. The…
- 12 May 2023
Airtel Africa Records Double Digit Revenue, 140M Subscriber Base in 2023 Report
Airtel Africa posted double digit revenue growth of 11.5% in its result of the year ending March 31, 2023 even as it grew customer base by 9.0% to 140million. Olusegun Ogunsanya, chief executive…
- 31 Oct 2013
Airtel Announces Consolidated Total Revenues up by 10% YoY
Bharti Airtel Limited on Thursday announced its audited consolidated IFRS results for the quarter ended September 30, 2013. The consolidated revenues for Q2‟14 at ₹ 21,324 crore grew by 10% over the…
- 26 Jul 2019
MTN Nigeria releases unaudited results, posts 566.95bn revenue in six months
MTN Nigeria Communications Plc has released its unaudited result for the six months ended June 30 and announced an interim dividend of N2.95 per share to its shareholders. The company disclosed this…
- 12 Jul 2018
Airtel Plans $1Bn Overseas Loans
Bharti Airtel is planning to raise about $1 billion through overseas loans as it aims to refinance its high-cost debt to free up cash for capex investments needed to expand its 4G network to take on…
- 3 May 2021
MTN Nigeria Reports N385Bn Revenue for Q1 2021
MTN Nigeria Communications Plc (MTN Nigeria) has announced its unaudited results for the quarter ended 31 March 2021, showing service revenue up by 17.2 per cent to N385.2 billion. Karl Toriola,…
- 31 Jul 2022
MTN Rakes in N947Bn Revenue as PAT Grows 28% to N181.6Bn
MTN Nigeria has recorded a 28.1 per cent rise in profit after tax (PAT) to N181.6 billion in the first half of the year, with profit before tax (PBT) up by 24.9 per cent to N268.6 billion and…
- 8 Aug 2019
MTN Reports Solid First Half Financial Results
MTN Group has announced an encouraging set of results for the six months ended 30 June 2019 in the context of difficult trading conditions across its major markets. Commenting on the results, Rob…
- 1 Mar 2024
Breaking....MTN Recommits to Nigeria after Plunging Naira Deals Heavy Blow on Profit
MTN Nigeria Plc has reported a N177.8 billion pre-tax loss in its 2023 financial statement. Karl Toriola, chief executive officer, MTN Nigeria The loss compared to a N518.8 billion pre-tax profit it…
- 28 Oct 2020
Fintech Anchors MTN Post-COVID-19 Recovery in Nigeria
MTN Nigeria recovered from elevated volatility caused by COVID-19 to record massive revenue growth from digital and fintech services in the nine months ended 30 September. During the period under…
- 5 Aug 2016
MTN Reports $357m Loss, Slashes Dividend
MTN Group Ltd, Africa’s biggest mobile phone operator reported a $357 million half-year loss on Friday and cut dividend payouts, following regulatory fine in imposed on the operators by the Nigerian…
- 28 Feb 2021
MTN Releases Result of Financial Year Ended 31 December 2020 with N298.9 Billion PBT, Up by 2.6%
MTN Nigeria on Sunday released its audited results for the financial year ended 31 December 2020, with Profit before tax (PBT) growing by 2.6% to N298.9 billion, active data users increased by 7.4…
- 4 Jul 2016
EBS Seeks PF & FI Improved Collaborations for mPOS Growth
Guests at eNNovators Breakfast Series (EBS) believe that to deepen the adoption Mobile Point of Sale (mPOS) in the country, collaborative approach should be explored by Payment Facilitator (PF) and…
- 8 Aug 2014
MTN Nigeria Contributes 8% to Group’s Six Months Revenue Base
Review of results by MTN Group showed that it delivered a solid operational performance for the six-month period to 30 June 2014. The result released on its website indicates good growth…
- 15 Apr 2016
Rocket Internet to Limit Losses after 2015 Cash Burn
ecommerce firm and owners of Jumia Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies…