Strong Constant Currency Revenue Growth
Revenues in the quarter reached $1.27 billion, representing a 21.3% growth in constant currency, accelerating from 20.8% growth in quarter two and 19% in quarter one.
Significant Growth in Mobile Money Customer Base
The mobile money customer base grew by 18% to over 44 million, reflecting a strong focus on financial inclusion.
Regional Revenue Growth
Nigeria experienced almost 35% constant currency growth, East Africa saw a 23% increase, and Francophone Africa achieved a 10.2% growth.
Nigerian Tariff Adjustments
The NCC has granted approvals for tariff adjustments in Nigeria, seen as necessary to sustain industry investment and service provision.
EBITDA Margin Improvement
EBITDA margins have expanded from 45.3% in quarter one to 46.9% in quarter three, reflecting the success of cost optimization programs.