Airtel Africa Plc reported that profit after tax for the half year ended September 30, 2026 increased by 20.5 per cent to US$452 million, up from US$376 million in the same period a year earlier.

Revenue for the period grew by 28.2 per cent to US$3.82 billion, with constant-currency revenue up 20.8 per cent.

Underlying EBITDA rose 23.5 per cent in constant currency to US$1.92 billion.

The Group saw revenue growth of 27 per cent in Nigeria, 18.2 per cent in East Africa and 19.2 per cent in Francophone Africa, all measured in constant currency.

Data services revenue increased 28 per cent in constant currency to US$1.57 billion, representing roughly half of total mobile services revenue, while the data customer base grew 15 per cent to 89.9 million and smartphone penetration reached 51.6 per cent.

Average data usage per customer rose to 13.3 GB per month from 10.1 GB a year earlier.

Mobile-money revenue grew 25.8 per cent in constant currency to US$840 million and its customer base expanded 22.4 per cent to 60.9 million.

Annualised total processed value in the second quarter reached US$275 billion, a growth of 36.5 per cent, and the overall customer base increased 11.6 per cent to 193.9 million.

Chief Executive Officer Sunil Taldar said: “The recent IPO of Airtel Money represents a significant milestone for the Group.”