Airtel Africa PLC (FRA:9AA)
€ 1.37 0.04 (3.01%) Market Cap: 5.07 Bil Enterprise Value: 8.20 Bil PE Ratio: 0 PB Ratio: 2.48 GF Score: 85/100

Half Year 2023 Airtel Africa PLC Earnings Call Transcript

Oct 27, 2022 / 11:00AM GMT
Release Date Price: €1.23 (-14.58%)
Operator

Good day, ladies and gentlemen, and welcome to the Airtel Africa results for half year ended 30 September 2022. (Operator Instructions) I would now like to hand the conference over to Segun Ogunsanya, Chief Executive Officer of Airtel. Please go ahead, sir.

Olusegun Ogunsanya
Airtel Africa Plc - MD, CEO & Director

Thank you. Hello, everyone, and thank you all for joining us today. Let me give you some brief highlights before (inaudible) Jaideep Paul who is our CFO. I'm very pleased that despite macroeconomic challenges, we have continued to deliver strategically, operationally and financially over the last 6 months. This is supported by a sustainability framework, which is core to our company's focus. Strategically, the key highlight is that we continue to invest for future growth. We have increased our CapEx. And for that, we invested in spectrum across a number of our key markets. In Nigeria, our largest market, we have launched a commercial rollout of the mobile money service called Smartcash, which will drive financial inclusion across the country and

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