Data revenue lifts Airtel Africa’s operating profit by 22.8 per cent

Airtel Africa, a subsidiary of India’s telecommunication conglomerate Bharti Airtel, on Thursday reported full year financial results having posted an operating profit of $901 million up by 22.8 per cent from734m the previous year.

The jump in operating profit was attributed to an increase in revenue from mobile data as well as mobile money revenue, which rose, by 36.1 per cent and 32.9 per cent respectively.