Airtel Africa contributed nearly 60% of Bharti Airtel’s year-on-year consolidated revenue increase in the June quarter. The African division reported a 45% year-on-year revenue increase. EBITDA for the unit jumped by 52% during the same period.
Performance is driven by low digital penetration, favorable demographics, and rising demand for connectivity. The company is applying proven Indian market strategies to African B2B, home broadband, and energy sectors.
Airtel Money continues to expand its customer base and transaction values. A potential London listing for the mobile financial services arm could further unlock company value.