Investor Presentaiton
EBITDA
$527m
+19.7% YoY
+10.5% YoY
airtel | Africa
EBITDA margin
Customer base¹
50.7%
46.3m
(422) bps YoY
14.5% YoY
Nigeria: Strong
performance, and
returned to net
Revenue grew 19.7% driven by both voice
and data (revenue in reported currency
revenue grew by 16.1%).
Voice revenue grew 11.9% driven by
customer base growth of 14.5% while
ARPU was flat due to OG barring for NIN
non-compliant customers.
Data revenue grew 26.7% driven by data
ARPU growth of 9.1%. Increase in data
ARPU was contributed by increase in data
usage per customer by 24.1% and
continued expansion of 4G network
(almost 99% sites are now on 4G).
EBITDA margin of 50.7%, a drop of 422
basis points due to rising fuel prices and
increased inflation.
NIN-SIM update: Outgoing voice revenues
for those active subscribers who have not
yet linked their NIN with their SIM amount
to around 6.8% of total revenues from
Nigeria (3% of group revenue).
Revenue
$1,040m
customer growth
ARPU
$3.8
+6.8% YoY
1.
Notes: Growth in constant currency unless otherwise stated.
Customer base as at 30 September 2022.
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