Airtel Africa (AAF)

Sector:

Telecom Operators

Index:

FTSE 100

105.80p
   
  • Change Today:
      1.00p
  • 52 Week High: 133.70
  • 52 Week Low: 90.70
  • Currency: UK Pounds
  • Shares Issued: 3,750.76m
  • Volume: 4,135,257
  • Market Cap: £3,968.31m
  • RiskGrade: 259

Airtel Africa buys additional spectrum in Zambia for $29m

By Michele Maatouk

Date: Friday 14 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Airtel Africa said on Friday that subsidiary Airtel Networks Zambia has bought 60 MHz of additional spectrum for $29m.
The spectrum was bought from the Zambia Information and Communications Technology Authority.

Airtel said the purchase "will support our network expansion in the market for both mobile data and fixed wireless home broadband capability, including 5G rollout, providing significant capacity to accommodate our continued strong data growth in the country".

The provider of telecommunications and mobile money services noted that Zambia is one of its largest markets by revenue.

"This investment reflects our continued confidence in the opportunity inherent in the Zambian market, supporting the local communities and economies through furthering digital inclusion and connectivity," it said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Airtel Africa Market Data

Currency UK Pounds
Share Price 105.80p
Change Today 1.00p
% Change 0.95 %
52 Week High 133.70
52 Week Low 90.70
Volume 4,135,257
Shares Issued 3,750.76m
Market Cap £3,968.31m
RiskGrade 259

Airtel Africa Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
19.43% below the market average19.43% below the market average19.43% below the market average19.43% below the market average19.43% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income Not Available
Growth
12.12% above the market average12.12% above the market average12.12% above the market average12.12% above the market average12.12% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Airtel Africa Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Nov-23 22-Jun-23
Paid 15-Dec-23 26-Jul-23
Amount 2.38¢ 3.27¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 1,469,309 @ 105.80p
16:35 767 @ 105.80p
16:35 8,752 @ 105.80p
16:35 10,003 @ 105.80p
16:35 1,825 @ 105.80p

Airtel Africa Key Personnel

Chair Sunil Bharti Mittal

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