Nigeria, May 9 -- After navigating a challenging financial landscape in the prior year, Airtel Africa has staged a powerful comeback, reporting a pre-tax profit of $661 million for the fiscal year ending March 31, 2025.
This milestone marks a remarkable turnaround from the $63 million loss recorded in FY2024. It represents a year-over-year profit growth of over 1,147%, a testament to strategic recalibration and resilience.
The telecommunications giant operates in 14 African countries and has attributed this impressive leap to a blend of strategic tariff adjustments, strong market execution, and improving macroeconomic conditions, particularly in Nigeria, its largest and most lucrative market.
Despite a slight dip in reported currency r...
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