Telecom
Airtel Announces Consolidated Total Revenues up by 10% YoY

Bharti Airtel Limited on Thursday announced its audited consolidated IFRS results for the quarter ended September 30, 2013.
The consolidated revenues for Q2‟14 at ₹ 21,324 crore grew by 10% over the corresponding quarter last year. Mobile internet revenues at ₹ 1,503 crore grew more than 100% Y-o-Y, accounting for 39.1% of the overall incremental revenue. Revenues were also enhanced by strong growths of 28.8% in Digital TV, 20.8% in „Airtel business‟ (B2B), and 54.4% in South Asia.
Mobile voice realisation in India improved by 1.31 p on a Y-o-Y basis (36.74 p in Q2‟14 vs 35.43 p in Q2‟13), together with an increase in voice usage per customer by 20 minutes per month (up from 417 mins in Q2‟13 to 437 mins per subs in Q2‟14).
Data usage per customer has gone up by 98 MBs (from 133 MBs in Q2‟13 to 231 MBs per customer in Q2‟14). Consequently, ARPU has moved up by ₹ 15 to ₹ 192 in Q2‟14.
International revenues grew by 17.9% Y-o-Y and 18.3% Q-o-Q in INR terms with Africa growing by 16.1% Y-o-Y & 18.5% Q-o-Q while South Asia grew by 54.4% Y-o-Y & 16.0% Q-o-Q. Africa revenue in constant USD terms grew by 5.4% on sequential quarter basis led by a strong 28.2% increase in Data revenues.
Mobile voice pricing in Africa remained stable at 3.30 cents per minute. Net Revenue in Africa (after inter-connect costs and cost of goods sold) has grown by 20.7% Y-o-Y in INR terms.
Consolidated EBITDA grew by 15.1% Y-o-Y at ₹ 6,832 crore with margin expanding to 32.0% from 30.6% in the corresponding quarter last year, driven by India EBITDA margin improvement from 32.6% to 34.8%.
The much improved operational performance is reflected in EBIT of ₹ 2,893 crore, representing a 28.7% Y-o-Y growth and 2.0% EBIT margin improvement.
The continued depreciation of the Indian Rupee has resulted in forex restatement and derivative losses of ₹ 342 crore (vs. ₹ 25 crore loss for Q2‟13). Consequently, the consolidated net income came in at ₹512 crore, as against ₹ 721 crore in the corresponding quarter last year.
Consolidated Operating Free Cash Flows for the quarter were at ₹ 4,693 crore, reflecting a robust growth of 117.1% Y-o-Y. The company‟s consolidated net debt has reduced to $ 9,697 Mn resulting in the Net Debt to EBITDA ratio (USD terms) improving to 2.18 times as compared to 2.59 times at the end of the same quarter last year.
In a statement, Mr. Sunil Bharti Mittal, chairman, Bharti Airtel Limited, said: “Mobile internet is now a major engine of growth for Airtel across all geographies. Our sustained investment in this segment will further enhance customer experience and seamless coverage. The revenue growth in Africa reflects the inherent potential in the world‟s most promising continent. I am also pleased to see the evolution of Airtel Money into a significant service in geographies which are relatively under-banked.”
Telecom
NCC Asks Telcos to Make Budgetary Provisions for Cybersecurity

Nigerian Communications Commission (NCC) has directed telecommunications operators to make dedicated budgetary provisions for cybersecurity as part of efforts to strengthen the resilience of Nigeria’s communications infrastructure against the growing wave of cyber threats.

The directive forms part of the Commission’s Cyber Resilience Framework for the Nigerian Communications Sector (CRF-NCS), which introduces new governance, risk management and operational requirements aimed at safeguarding the country’s critical telecommunications infrastructure from increasingly sophisticated cyberattacks.
Under the framework, all licensed telecom operators are expected to establish formal cybersecurity governance structures, dedicate adequate financial resources to cyber resilience programmes, and integrate cybersecurity into their enterprise-wide risk management processes.
The Commission said operators must ensure cybersecurity investments are no longer treated as optional operational expenses but as strategic business priorities necessary to protect network infrastructure, customer information and the country’s digital economy.
According to the NCC, licensees are expected to allocate sufficient budgets to support cyber risk assessments, security technologies, staff training, incident response capabilities, continuous monitoring and compliance with regulatory requirements.
The framework also requires operators to designate senior executives responsible for cybersecurity oversight.
At the same time, boards of directors are expected to provide strategic direction and ensure adequate funding for cyber resilience initiatives.
Speaking on the need for a stronger cybersecurity regime during the unveiling of the framework, Abraham Oshadami, executive commissioner, Technical Services, NCC, said, “Given the increasing digitalisation of services, the rapid growth of data exchange, and the sophisticated nature of modern cyber threats, the need for a robust, adaptive and inclusive cybersecurity framework has become more urgent.”
He added, “Both state and non-state actors are targeting essential sectors—including ours—through coordinated cyber and physical attacks. These attacks frequently target control systems and data integrity, underscoring the critical risks posed to operational technology (OT), especially in our sector.”
“As cyber threats evolve, they endanger not only system performance but also human safety, amplifying the severity and consequences of disruptions to vital communications infrastructure. Cybersecurity now encompasses human safety and must address the real risk to people’s lives when a system is attacked or compromised.”
The Commission further stated that operators are required to develop comprehensive cybersecurity implementation plans, conduct periodic risk assessments, establish business continuity and disaster recovery procedures, and regularly test their cyber defence capabilities.
In addition, the framework makes cyber incident reporting compulsory. Licensees must inform the NCC’s CSIRT of any major cybersecurity breach within four hours of discovery, and provide a thorough post-incident analysis after mitigation is complete.
Telecom
Glo Leads Internet Growth Figures in Nigeria for May

Digital solution provider, Globacom has recorded the highest Internet subscriber growth among Nigeria’s major telecom companies for the month of May.

Data from the Nigerian Communications Commission, NCC, Nigeria’s total Internet users increased to 157 million in May, up from 154.3 million in April. That is a growth of 2.67 million users in one month.
Globacom led the market by adding about 1.2 million new Internet subscribers. This means Glo was responsible for almost half of all new Internet users in May.
The company’s subscriber base grew from 15.5 million in April to 16.8 million in May. Airtel came second with 1.07 million new users, moving from 54.8 million to 55.8 million. MTN added 382,894 users to reach 83.5 million.
T2 Mobile, formerly 9mobile, recorded no growth for the second month in a row. Its subscriber base remained at 802,534. This is despite its roaming agreement with MTN, which was approved almost a year ago to help T2 customers use MTN’s network in areas with poor coverage.
Industry experts say Glo’s strong growth is due to its ongoing network upgrade. Since last year, the company has been building new base stations, expanding its fibre network, and adding thousands of new 4G sites across cities and rural areas.
The upgrades have improved voice and data quality for customers, while Globacom remain committed to providing better network experience and affordable Internet services to more Nigerians.
Telecom
MTN Paid 600Bn in Taxes in H1 2026 – Kadri, MTN CFO

MTN Nigeria’s half-year 2026 performance reflects more than revenue growth, highlighting the wider economic activity generated through tax payments, infrastructure investment and shareholder returns.

Kadri, MTN CFO
Beyond its financial results, the telecommunications operator said it continues to channel substantial resources into expanding network infrastructure, meeting statutory obligations and delivering value across its stakeholder ecosystem.
The company disclosed that it paid more than ₦600 billion in taxes, customs duties, regulatory levies and other statutory obligations over the past year.
It also invested over ₦1.6 trillion in capital expenditure since January 2025 to expand network capacity and improve service quality, while declaring an interim dividend of ₦26 per share for shareholders.
Speaking on Arise News’ Global Business Report, MTN Nigeria’s Chief Financial Officer, Modupe Kadri, explained that the company’s earnings are shared across several stakeholders before returns reach investors. “For every one naira of revenue, about 24 kobo becomes profit.
“The government receives over ₦600 billion through taxes and levies, operating costs account for a significant portion of our revenue, and every participant within the ecosystem benefits from the value we create,” he said.
According to the Nigerian Communications Commission (NCC), telecommunications remains one of the largest contributors to Nigeria’s Gross Domestic Product, supporting digital financial services, education, healthcare, commerce and public services. Continued investment by operators has also been identified as critical to expanding broadband access and improving digital inclusion across the country.
Kadri noted that shareholder returns remain an important part of MTN’s capital allocation strategy, but stressed that they represent only one aspect of the company’s broader economic contribution.
“Even when we declare dividends, the government still receives withholding tax, while we continue investing heavily in our network because sustaining quality service requires ongoing capital commitment,” he said.
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