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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Airtel Africa - “African Vodafone” could de-merge fast-growing money business

February 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • AAF
  • Price:
  • 115.5p
Former Vodafone CEO Sir Chris Gent famously initiated one of his deals (the £36bn purchase of rival AirTouch) while watching the Ashes in Australia but setting cricket jokes aside, Vodafone is now, a quarter of a century later, on the cusp of becoming the largest mobile network operator in the UK having received regulatory approval for its merger with 3. Intriguingly, Africa’s answer to Vodafone, Airtel Africa, is also making a splash following its listing on the main market in June 2019 at 80p, with the shares surging towards the top of a long-standing range. Airtel Africa was unbundled from Bharti Airtel, an Indian multi-national telecoms company based in New Delhi (which retains a 57% stake in AAF), in 2019. AAF serves nearly 1 ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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