Airtel Africa’s revenue for the fiscal year ended 31 March 2025 rose by 21.1 percent in constant currency to $4,955 million but declined by 0.5 percent in reported currency due to currency devaluation.
Q4’25 saw strong revenue growth of 23.2 percent in constant currency and 17.8 percent in reported currency.
Airtel Africa’s mobile services revenue grew by 19.6 percent in constant currency, with voice revenue up by 10.6 percent and data revenue by 30.5 percent.
Airtel Africa’s mobile money revenue increased by 29.9 percent in constant currency.
Airtel Africa’s underlying EBITDA decreased by 5.1 percent in reported currency to $2,304 million, with margins contracting to 46.5 percent from 48.8 percent due to higher fuel costs and reduced contributions from Nigeria. However, Q4’25 EBITDA margins improved to 47.3 percent due to cost efficiency measures.
Airtel Africa’s Capex of $670 million was below guidance, primarily reflecting a deferral of data centre investment. Airtel Africa’s Capex guidance for the next year is between $725 million and $750 million.
Airtel Africa reported strong growth and financial momentum for the year ended 31 March 2025, driven by expanding digital inclusion and network investments. The customer base grew by 8.7 percent to 166.1 million, with smartphone penetration rising to 44.8 percent.
Data users increased by 14.1 percent to 73.4 million, with a 30.4 percent increase in data usage per customer, boosting data ARPU by 15.4 percent in constant currency.
Mobile money subscribers rose by 17.3 percent to 44.6 million, contributing to an 11.4 percent ARPU increase. The annual transaction value of Airtel Money reached $145 billion, a 34 percent rise in Q4’25. Network expansion included 2,583 new sites and 3,300 km of fibre to enhance data capacity.
Sunil Taldar, CEO, reported strong operating performance driven by a strategic focus on network investment, digital platform enhancements, and financial inclusion initiatives. Smartphone customers grew by 20 percent to 74.4 million, boosting data traffic by 47.5 percent.
Airtel Money expanded by 17.3 percent to 44.6 million customers, with transaction values up 32 percent to $136 billion. Revenue growth accelerated to 23.2 percent in Q4’25, aided by Nigerian tariff adjustments, while EBITDA margins rose by 200bps to 47.3 percent. Airtel is also preparing for an IPO of Airtel Money in the first half of 2026, contingent on market conditions.
TelecomLead.com News Desk