![A general view shows customers and employees inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre within the Westlands district of Nairobi, Kenya January 29, 2021](https://i0.wp.com/www.ugstandard.com/wp-content/uploads/2023/04/G4H4M6YMIFJUDCFM4DC25RS47U.jpg?resize=1024%2C669&ssl=1)
The firm, a unit of Indian telecoms giant Bharti Airtel, was listed on the Uganda Securities Exchange (USE) last year after a heavily undersubscribed initial public offering
KAMPALA – Telecom firm Airtel Uganda said on Monday its 2023 pre-tax profit declined 9.8% from the previous 12 months, hurt by a surge in rental and energy costs.
The firm, a unit of Indian telecoms giant Bharti Airtel, was listed on the Uganda Securities Exchange (USE) last year after a heavily undersubscribed initial public offering.
It earned 426.8 billion Ugandan shillings ($108.9 million) in pre-tax profit last year.
Airtel competes with a unit of South Africa’s MTN Group in the East African country.
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