Airtel Networks Plc, TelecomAugust 22, 2021

AIRTEL Zambia Issues Tax Obligation Statement
  The only LuSE listed mobile telecommunications company has issued a statement regarding recent social media allegations regarding its tax affairs. In a SENS Announcement aptly titled “STATEMENT ON AIRTEL TAX OBLIGATIONS WITH ZAMBIA REVENUE AUTHORITY”, Airtel Zambia Plc advised stakeholders to ignore the malicious statements that had gone viral. “We refer to the market […]

Airtel Networks Plc, TelecomMarch 12, 2021

Airtel Zambia Year End 2020 Performance Review
Airtel Networks Zambia Plc which is part of the Bharti Airtel group and is the largest mobile phone operator in Zambia, by revenue, with a customer base of more than 6.7 million as at 31 December 2020 has now reported its year end financial performance, according to a SENS announcement. Since commencing operations in December […]

Airtel Networks Plc, TelecomMarch 9, 2020

Airtel Zambia earnings slump by 75% for 2019 FY
AIRTEL Zambia Plc has reported a drop-in earnings by 75.73% for its 2019 financial year, according to published financial statements from the company. The company sent the first signal to the market through a SENS announcement that was published on 5th March 2020.  “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board […]

Airtel Networks Plc, TelecomOctober 6, 2019

Airtel Zambia grapples with “devaluation of Kwacha” at Half Year 2019
Airtel Zambia has advised shareholders that the main reason for profit after tax plummeting by 122.14% on a year on year basis was mainly because of the Kwacha’s devaluation during the period under review. The unaudited results published on SENS 30th September 2019 also showed that the company had increased its appetite for debt in […]

Airtel Networks Plc, TelecomSeptember 26, 2019

AIRTEL Zambia forecasts a loss and weaker EPS at half-year 2019
Zambia’s second-largest (by subscribers) mobile telecommunications company reports that it expects to record a loss when its half-year results for 2019 are published on 27th September 2019.   “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Airtel Networks Zambia Plc (“Airtel” or “the Company”) hereby advises the Shar

Airtel Networks Plc, Beverage, Zambian BreweriesJuly 28, 2019

Private Equity and Venture Capitalist Jito Kayumba Joins a Beverage Board
Renowned private equity and venture capitalist Jito Kayumba has been appointed as non-executive member of the Zambian Breweries board effective July 2019, according to the company. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Zambian Breweries PLC (“the Board”) wishes to announce the appointment of Mr Jito Kayumba as […]

Airtel Networks Plc, TelecomJuly 8, 2019

Airtel Lists on the London Stock Exchange
Airtel Africa successfully listed on the London Stock Exchange (LSE) in a move that cheered its subsidiary Airtel Zambia who published the Initial Public Offering (IPO) announcement on the Lusaka Securities and Exchange Stock Exchange News (SENS) bulletin.    “The Board of Directors of Airtel Networks Zambia Plc (“Airtel Zambia”or “the Company”) wishes to inform […]

Airtel Networks Plc, TelecomJune 29, 2019

Airtel wins HLB Zambia’s Golf Day Cup
Airtel Zambia won the “8 hole” annual HLB Zambia gold day tournament for accountants that was held at Bonanza Golf Estate on Friday 28th June in Lusaka. Receiving the trophy on behalf of the team was Director of Airtel Money James Chona who was delighted to be a part of the annual event that brought […]

Airtel Networks PlcNovember 24, 2018

Airtel at Half Year 2018
In a half year that saw the coming of the fourth mobile provider and the collapse of a data only provider, Airtel Zambia Plc posted unaudited results that showed their performance was under competitive forces constraint during the period under review. On September 24th 2018 through SENS Announcement, its board issued a statement that its […]

Airtel Networks Plc, TelecomOctober 6, 2018

Airtel at Half Year 2018
In an industry that currently sees 76% market penetration, Airtel is proud to be one of the top 2 leading mobile communication providers in Zambia. With a customer base that now stands at 5.36 million, Airtel is seeing growth in market share on a year on year (YoY) basis. According to SENS announcement published on […]