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Airtel Africa (AAF) Competitors

Airtel Africa logo
GBX 343.52 +2.52 (+0.74%)
As of 06/5/2026 12:34 PM Eastern

AAF vs. VOD, BT.A, ZEG, ISAT, and HTWS

Should you buy Airtel Africa stock or one of its competitors? MarketBeat compares Airtel Africa with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Airtel Africa include Vodafone Group Public (VOD), BT Group (BT.A), Zegona Communications (ZEG), Inmarsat (ISAT), and Helios Towers (HTWS). These companies are all part of the "telecom services" industry.

How does Airtel Africa compare to Vodafone Group Public?

Airtel Africa (LON:AAF) and Vodafone Group Public (LON:VOD) are both large-cap communication services companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, valuation, profitability, earnings, institutional ownership, analyst recommendations, risk and media sentiment.

Airtel Africa pays an annual dividend of GBX 6.82 per share and has a dividend yield of 2.0%. Vodafone Group Public pays an annual dividend of GBX 4.55 per share and has a dividend yield of 4.1%. Airtel Africa pays out 36.7% of its earnings in the form of a dividend. Vodafone Group Public pays out -275.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Vodafone Group Public is clearly the better dividend stock, given its higher yield and lower payout ratio.

Vodafone Group Public has a consensus price target of GBX 114.60, indicating a potential upside of 3.40%. Given Vodafone Group Public's stronger consensus rating and higher possible upside, analysts plainly believe Vodafone Group Public is more favorable than Airtel Africa.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Airtel Africa
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Vodafone Group Public
2 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

Airtel Africa has a beta of 0.48, meaning that its stock price is 52% less volatile than the broader market. Comparatively, Vodafone Group Public has a beta of 0.315, meaning that its stock price is 69% less volatile than the broader market.

5.5% of Airtel Africa shares are owned by institutional investors. Comparatively, 59.2% of Vodafone Group Public shares are owned by institutional investors. 24.9% of Airtel Africa shares are owned by company insiders. Comparatively, 0.5% of Vodafone Group Public shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Airtel Africa had 2 more articles in the media than Vodafone Group Public. MarketBeat recorded 3 mentions for Airtel Africa and 1 mentions for Vodafone Group Public. Airtel Africa's average media sentiment score of 0.86 beat Vodafone Group Public's score of 0.67 indicating that Airtel Africa is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Airtel Africa
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Vodafone Group Public
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Airtel Africa has a net margin of 10.58% compared to Vodafone Group Public's net margin of -1.02%. Airtel Africa's return on equity of 23.75% beat Vodafone Group Public's return on equity.

Company Net Margins Return on Equity Return on Assets
Airtel Africa10.58% 23.75% 9.60%
Vodafone Group Public -1.02%-0.79%1.45%

Vodafone Group Public has higher revenue and earnings than Airtel Africa. Vodafone Group Public is trading at a lower price-to-earnings ratio than Airtel Africa, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Airtel Africa£6.42B1.95-£97.44M£18.6018.47
Vodafone Group Public£40.46B0.63£797.39M-£1.65N/A

Summary

Airtel Africa beats Vodafone Group Public on 10 of the 18 factors compared between the two stocks.

How does Airtel Africa compare to BT Group?

Airtel Africa (LON:AAF) and BT Group (LON:BT.A) are both large-cap telecom services industry companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, media sentiment, dividends, earnings, valuation, profitability, risk and institutional ownership.

Airtel Africa has a beta of 0.48, indicating that its stock price is 52% less volatile than the broader market. Comparatively, BT Group has a beta of 0.69, indicating that its stock price is 31% less volatile than the broader market.

BT Group has higher revenue and earnings than Airtel Africa. Airtel Africa is trading at a lower price-to-earnings ratio than BT Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Airtel Africa£6.42B1.95-£97.44M£18.6018.47
BT Group£19.65B1.00£855M£10.8018.66

In the previous week, Airtel Africa had 3 more articles in the media than BT Group. MarketBeat recorded 3 mentions for Airtel Africa and 0 mentions for BT Group. Airtel Africa's average media sentiment score of 0.86 beat BT Group's score of 0.00 indicating that Airtel Africa is being referred to more favorably in the media.

Company Overall Sentiment
Airtel Africa Positive
BT Group Neutral

Airtel Africa pays an annual dividend of GBX 6.82 per share and has a dividend yield of 2.0%. BT Group pays an annual dividend of GBX 8.21 per share and has a dividend yield of 4.1%. Airtel Africa pays out 36.7% of its earnings in the form of a dividend. BT Group pays out 76.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Airtel Africa has a net margin of 10.58% compared to BT Group's net margin of 4.11%. Airtel Africa's return on equity of 23.75% beat BT Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Airtel Africa10.58% 23.75% 9.60%
BT Group 4.11%6.33%3.77%

5.5% of Airtel Africa shares are held by institutional investors. Comparatively, 44.7% of BT Group shares are held by institutional investors. 24.9% of Airtel Africa shares are held by company insiders. Comparatively, 1.8% of BT Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Airtel Africa beats BT Group on 9 of the 15 factors compared between the two stocks.

How does Airtel Africa compare to Zegona Communications?

Airtel Africa (LON:AAF) and Zegona Communications (LON:ZEG) are both communication services companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, dividends, risk, analyst recommendations, profitability, institutional ownership, valuation and earnings.

5.5% of Airtel Africa shares are owned by institutional investors. Comparatively, 42.0% of Zegona Communications shares are owned by institutional investors. 24.9% of Airtel Africa shares are owned by company insiders. Comparatively, 41.7% of Zegona Communications shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Airtel Africa had 2 more articles in the media than Zegona Communications. MarketBeat recorded 3 mentions for Airtel Africa and 1 mentions for Zegona Communications. Airtel Africa's average media sentiment score of 0.86 beat Zegona Communications' score of 0.67 indicating that Airtel Africa is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Airtel Africa
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Zegona Communications
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Zegona Communications has a consensus price target of GBX 1,683.33, indicating a potential downside of 7.10%. Given Zegona Communications' stronger consensus rating and higher possible upside, analysts plainly believe Zegona Communications is more favorable than Airtel Africa.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Airtel Africa
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Zegona Communications
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Airtel Africa has a beta of 0.48, meaning that its share price is 52% less volatile than the broader market. Comparatively, Zegona Communications has a beta of 3.42, meaning that its share price is 242% more volatile than the broader market.

Airtel Africa has a net margin of 10.58% compared to Zegona Communications' net margin of -14.56%. Airtel Africa's return on equity of 23.75% beat Zegona Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Airtel Africa10.58% 23.75% 9.60%
Zegona Communications -14.56%-35.13%-0.50%

Airtel Africa has higher revenue and earnings than Zegona Communications. Airtel Africa is trading at a lower price-to-earnings ratio than Zegona Communications, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Airtel Africa£6.42B1.95-£97.44M£18.6018.47
Zegona Communications£302.06M13.57-£136.50M£11.00164.73

Summary

Airtel Africa and Zegona Communications tied by winning 8 of the 16 factors compared between the two stocks.

How does Airtel Africa compare to Inmarsat?

Inmarsat (LON:ISAT) and Airtel Africa (LON:AAF) are both telecom services industry companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, dividends, media sentiment, valuation and analyst recommendations.

Inmarsat pays an annual dividend of GBX 0.16 per share. Airtel Africa pays an annual dividend of GBX 6.82 per share and has a dividend yield of 2.0%. Inmarsat pays out -1.2% of its earnings in the form of a dividend. Airtel Africa pays out 36.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

5.5% of Airtel Africa shares are held by institutional investors. 24.9% of Airtel Africa shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Airtel Africa has a net margin of 10.58% compared to Inmarsat's net margin of 0.00%. Airtel Africa's return on equity of 23.75% beat Inmarsat's return on equity.

Company Net Margins Return on Equity Return on Assets
InmarsatN/A N/A N/A
Airtel Africa 10.58%23.75%9.60%

Inmarsat has higher earnings, but lower revenue than Airtel Africa. Inmarsat is trading at a lower price-to-earnings ratio than Airtel Africa, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Inmarsat£1.44B0.00N/A-£13.10N/A
Airtel Africa£6.42B1.95-£97.44M£18.6018.47

In the previous week, Airtel Africa had 3 more articles in the media than Inmarsat. MarketBeat recorded 3 mentions for Airtel Africa and 0 mentions for Inmarsat. Airtel Africa's average media sentiment score of 0.86 beat Inmarsat's score of 0.00 indicating that Airtel Africa is being referred to more favorably in the news media.

Company Overall Sentiment
Inmarsat Neutral
Airtel Africa Positive

Summary

Airtel Africa beats Inmarsat on 11 of the 12 factors compared between the two stocks.

How does Airtel Africa compare to Helios Towers?

Airtel Africa (LON:AAF) and Helios Towers (LON:HTWS) are both communication services companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, media sentiment, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

5.5% of Airtel Africa shares are owned by institutional investors. Comparatively, 35.3% of Helios Towers shares are owned by institutional investors. 24.9% of Airtel Africa shares are owned by insiders. Comparatively, 1.4% of Helios Towers shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Airtel Africa had 1 more articles in the media than Helios Towers. MarketBeat recorded 3 mentions for Airtel Africa and 2 mentions for Helios Towers. Airtel Africa's average media sentiment score of 0.86 beat Helios Towers' score of 0.15 indicating that Airtel Africa is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Airtel Africa
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Helios Towers
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Airtel Africa has a beta of 0.48, indicating that its share price is 52% less volatile than the broader market. Comparatively, Helios Towers has a beta of 1.077, indicating that its share price is 8% more volatile than the broader market.

Airtel Africa has higher revenue and earnings than Helios Towers. Airtel Africa is trading at a lower price-to-earnings ratio than Helios Towers, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Airtel Africa£6.42B1.95-£97.44M£18.6018.47
Helios Towers£854.10M2.66-£153.56M£3.3067.45

Helios Towers has a consensus price target of GBX 261.67, indicating a potential upside of 17.55%. Given Helios Towers' stronger consensus rating and higher possible upside, analysts clearly believe Helios Towers is more favorable than Airtel Africa.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Airtel Africa
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Helios Towers
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Airtel Africa has a net margin of 10.58% compared to Helios Towers' net margin of 9.29%. Helios Towers' return on equity of 115.68% beat Airtel Africa's return on equity.

Company Net Margins Return on Equity Return on Assets
Airtel Africa10.58% 23.75% 9.60%
Helios Towers 9.29%115.68%5.84%

Summary

Airtel Africa and Helios Towers tied by winning 8 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AAF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of LON and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AAF vs. The Competition

MetricAirtel AfricaTelecom Services IndustryCommunication SectorLON Exchange
Market Cap£12.39B£12.27B£3.39B£2.75B
Dividend Yield1.57%9.23%6.72%6.16%
P/E Ratio18.478.1213.86366.37
Price / Sales1.9595.75117.0287,126.19
Price / Cash6.4830.1015.8227.85
Price / Book5.884.845.187.68
Net Income-£97.44M£590.57M£124.16M£5.89B
7 Day Performance-2.58%-1.63%-1.48%-0.50%
1 Month Performance-5.63%-0.96%0.24%1.84%
1 Year Performance90.77%9.73%3.48%72.87%

Airtel Africa Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AAF
Airtel Africa
N/AGBX 343.52
+0.7%
N/A+90.8%£12.39B£6.42B18.474,098
VOD
Vodafone Group Public
2.809 of 5 stars
GBX 112.05
+0.4%
GBX 114.60
+2.3%
+50.8%£25.83B£40.46BN/A104,000
BT.A
BT Group
N/AGBX 204.60
-0.5%
N/A+13.2%£19.93B£19.65B21.3198,400
ZEG
Zegona Communications
1.1312 of 5 stars
GBX 1,794
-0.4%
GBX 1,683.33
-6.2%
+161.8%£4.08B£302.06M163.096
ISAT
Inmarsat
N/AN/AN/AN/A£2.56B£1.44BN/A1,800

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This page (LON:AAF) was last updated on 6/7/2026 by MarketBeat.com Staff.
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