Voice is still important in Africa
Airtel Africa released its results for the quarter ended June 2022 and their performance is pretty impressive. EBITDA margin increased from 44% to 49% between 2020 and 2022. Revenues jumped from US$ 3.4 billion to US$ 4.7 billion. But one of the more interesting statistics is the trend for both voice and data. Data grew by 108% for the 2 years between June 2020 and June 2022 and voice grew by 44% for the same period. Strong data growth is the new normal but it’s the strong voice growth that is unexpected, especially when it’s predicted that voice revenues will […]
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