LOGOS-(MaraviPost)-Airtel Africa’s customers base has been increased by 10% to 179.4 million with data customers of 81.8 million, growing 14.6%.
This is contained in the company’s report results for nine-month period ended 31 December 2025 released on January 30, 2026.
The company says operations is continuing to demonstrate the business’s growth potential, delivering another strong quarterly performance.
The report observes that customer-centric strategy continues to underpin strong operating momentum, with increased network investment, digitisation and innovative new partnerships, demonstrating tangible progress in delivering our strategic priorities.
The company reveals further Smartphone penetration rose another 3.9% to 48.1%, with data ARPU’s growing by 16.6% in constant currency as data usage per customer increased to 8.6GB per month from 6.9GB in prior period, facilitated by the enhanced network investment.
The report adds that Airtel Money continues to scale, with two major milestones reached this quarter. The first milestone saw the business exceed 50 million subscribers, reaching 52.0 million customers up 17.3%.
“Secondly, annualised total processed value (TPV) for Q3’26 surpassed the $200bn threshold, with an increase of 36% to over $210bn. A broader ecosystem and stronger digital adoption contributed to a 9.8% increase in constant currency ARPU,” reads the report in part.
On financial performance, the report says revenues of $4,667m increased by 24.6% in constant currency and 28.3% in reported currency as currency appreciation supported the strong underlying fundamentals of the business.
“The strong execution of our strategy delivered constant currency revenue growth acceleration to 24.7% in Q3’26, which was further supported by currency appreciation resulting in 32.9% reported currency revenue growth.
“Mobile services revenue grew by 23.3% in constant currency. Data revenues, the largest contributor to group revenues, increased 36.5% with voice revenues growing by 13.5%. Mobile money revenues continue to benefit from the strong operating momentum to deliver 29.4% growth in constant currency,” reads further the report.
Sunil Taldar, chief executive officer, on the trading updates, “These results highlight the strength of our strategy, with strong operating and financial trends across the business. During the quarter, we accelerated investment to enhance coverage and data capacity while also expanding our fibre network.
“Coupling this investment with innovative partnerships, strengthens our customer proposition and positions us to capture the considerable growth opportunity across our markets”.
Taldar adds, “Digitisation, technology innovation and embedding AI in our processes will also optimise the customer experience with increased digital offerings and closer integration of GSM and Airtel Money services allowing us to unlock the strong demand across our markets”.
He explains further, “Smartphone adoption continues to increase with penetration of 48.1%, and we are seeing solid progress in the development of our home broadband business, reflecting the need for reliable, high-speed connectivity across our markets.
“Our push to enhance financial inclusion across the continent continues to gain momentum with our Mobile Money customer base expanding to 52 million, surpassing the 50 million milestone”.
Taldar adds, “Annualised total processed value of over $210bn in Q3’26 underscores the depth of our merchants, agents and partner ecosystem, and remains a key player in driving improved access to financial services across Africa. We remain on track for the listing of Airtel Money in the first half of 2026.
“Disciplined execution on cost efficiency, alongside accelerating revenue growth has enabled another sequential improvement in our quarterly EBITDA margin to 49.6%, – underpinning constant currency EBITDA growth of 31% – and we remain focussed on driving further incremental margin improvements”.
He concludes, “Our strategic priorities remain clear: to keep investing in bestinclass connectivity, accelerate financial inclusion through our mobile money platform and deliver a great customer experience.
“These results reinforce our confidence in the longterm potential of our markets and our ability to create value for all our stakeholders.”