Airtel Africa traded at 325.90 this Monday February 2nd, increasing 6.70 or 2.10 percent since the previous trading session. Looking back, over the last four weeks, Airtel Africa gained 10.52 percent. Over the last 12 months, its price rose by 124.45 percent. Looking ahead, we forecast Airtel Africa to be priced at 312.85 by the end of this quarter and at 294.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
Airtel Africa plc is a United Kingdom-based company, which is a provider of telecommunications and mobile money services. The Company operates through four segments: Nigeria, East Africa, and Francophone Africa. The Nigeria segment comprises mobile service operations in Nigeria. The East Africa segment comprises mobile service operations in Kenya, Uganda, Rwanda, Tanzania, Malawi, and Zambia. The Francophone Africa mobile services segment comprises mobile service operations in Niger, Gabon, Chad, Republic of the Congo, the Democratic Republic of the Congo (DRC), Madagascar and the Seychelles. The Mobile money segment comprises mobile money services across the Company, including payment service bank in Nigeria. It offers pre- and post-paid wireless voice services, international roaming and fixed-line telephony services. The data services provide a suite of data communications services, including second-generation (2G), third generation (3G), and fourth generation (4G).