Airtel Africa traded at 342.20 this Friday March 6th, decreasing 14.80 or 4.15 percent since the previous trading session. Looking back, over the last four weeks, Airtel Africa lost 2.15 percent. Over the last 12 months, its price rose by 135.35 percent. Looking ahead, we forecast Airtel Africa to be priced at 341.99 by the end of this quarter and at 321.78 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).