Airtel Africa joins FTSE 100 – •
At this time, index supervisor FTSE Russell introduced that Airtel Africa plc can be becoming a member of the FTSE 100 on Monday 31 January 2022.
By way of its cellular telecoms and cellular cash providers, Airtel Africa plc is remodeling lives of over 122 million individuals throughout the 14 African markets wherein it operates.
The Group floated on the London Inventory Alternate in June 2019, and has since demonstrated vital progress in its buyer base, revenues, income, margins, and money era, in addition to strengthening its stability sheet by way of decreased leverage.
The Group continues to execute its progress technique to ship on the numerous market potential afforded by the demographics and market dynamics throughout voice, information and cellular cash providers.
We proceed to spend money on our infrastructure and distribution networks throughout the nations the place we function, supporting their economies and communities. Sustainability is on the core of our technique, pushed by our guiding function of ‘Reworking lives’ throughout Africa, with individuals, companies and governments in search of entry to extra and higher connectivity and improved monetary inclusion.
Segun Ogunsanya, CEO, Airtel Africa, commented:
“I’m immensely proud that Airtel Africa can be becoming a member of the FTSE 100 solely two and a half years after we listed on the London Inventory Alternate.
This achievement has been on the again of all of the arduous work and success achieved by everybody at Airtel Africa. We sit up for rising the Firm additional as we proceed to sustainably bridge the digital divide, increase monetary inclusion and meet the evolving wants of our clients.’’