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Airtel Yet To Break Even After 12 Years?


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Bharti Airtel, the operators of Airtel in Nigeria and much of Africa expects to break-even this year according to their estimates. The company has been in operations in Africa for over 12 years but is yet to make a single profit due to stiff competition. This year though, they expect to make a revenue of […]


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Airtel

Bharti Airtel, the operators of Airtel in Nigeria and much of Africa expects to break-even this year according to their estimates. The company has been in operations in Africa for over 12 years but is yet to make a single profit due to stiff competition. This year though, they expect to make a revenue of about $5billion and an EBITDA of $2billion.

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