{"id":39,"date":"2025-01-31T10:54:25","date_gmt":"2025-01-31T09:54:25","guid":{"rendered":"https:\/\/techstream.getdev.co\/?p=39"},"modified":"2025-01-31T22:31:46","modified_gmt":"2025-01-31T21:31:46","slug":"airtel-africa-reports-a-248m-gain-after-tax-in-9-months","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=39","title":{"rendered":"Airtel Africa reports a $248M gain after tax in 9 months"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"253\" height=\"198\" src=\"https:\/\/techstream.getdev.co\/wp-content\/uploads\/2025\/01\/img_3960-1.png\" alt=\"\" class=\"wp-image-53\"\/><\/figure>\n\n\n\n<p>Airtel Africa has reported a $248 million profit after tax for the nine months ending December 31, 2024, a massive increase from just $2 million during the same period in 2023. The company\u2019s revenue grew by 20.4% to $3.64 billion (in constant currency), driven by the rise in mobile money and data usage. However, currency devaluation in some markets caused a slight drop of 5.8% in reported revenue. Airtel Africa\u2019s customer base grew by 7.9% to 163.1 million, with mobile money and data services showing significant growth. The company\u2019s CEO, Sunil Taldar, attributes this success to improved network coverage, digital transformation, and enhanced customer experience.<\/p>\n\n\n\n<p><strong>For more details, read the full news<\/strong> <a href=\"https:\/\/techpoint.africa\/2025\/01\/31\/techpoint-digest-1019\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airtel Africa has reported a $248 million profit after tax for the nine months ending December 31, 2024, a massive increase from just $2 million during the same period in 2023. The company\u2019s revenue grew by 20.4% to $3.64 billion (in constant currency), driven by the rise in mobile money and data usage. However, currency&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/39","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39"}],"version-history":[{"count":3,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/39\/revisions"}],"predecessor-version":[{"id":55,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/39\/revisions\/55"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}