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Bharti Airtel down 1% after company loses Nigeria court case

Last Updated: Friday, February 21, 2014, 14:32

Stocks of Bharti Airtel on Friday slipped over 1 percent in early morning trade after the telcom major lost a court case in Nigeria in which it potentially faces USD 3 billion in payouts.

Airtel loses Nigeria court case, may face $3 billion payout

Last Updated: Thursday, February 20, 2014, 19:48

Bharti said it will appeal in Nigeria's Supreme Court against the judgement of the court, which held that Econet Wireless remained a bona fide stakeholder in Airtel Nigeria, a unit of the Indian firm.

Bharti Airtel Nigeria buys 13.36% more stake in Airtel Network

Last Updated: Wednesday, March 13, 2013, 14:38

Telecom major Bharti Airtel on Wednesday said its wholly-owned Nigerian subsidiary has acquired 13.36 percent additional stake in Nigeria's Airtel Networks, which holds licence for providing mobile services.

Airtel completes network transformation across African ops

Last Updated: Monday, November 19, 2012, 16:34

Bharti Airtel has completed a network transformation programme across its mobile operations in 16 African countries in partnership with Ericsson.

Airtel Nigeria most innovative company of the year

Last Updated: Monday, September 10, 2012, 20:42

This is the third time Airtel Nigeria is coming tops in the customer service category at the Nigerian Telecoms Awards.

Airtel Nigeria most innovative company of the year

Last Updated: Monday, September 10, 2012, 20:42

This is the third time Airtel Nigeria is coming tops in the customer service category at the Nigerian Telecoms Awards.

Airtel Nigeria to expand fibre cable network

Last Updated: Monday, August 20, 2012, 20:27

Airtel Nigeria, a subsidiary of Indian telecom major Bharti Airtel, will expand its cable transmission network in the African nation to boost its services, a top official of the company has said.

Nigeria fines Airtel, 3 others $7.3 million for poor services

Last Updated: Sunday, May 13, 2012, 20:46

Nigeria Communications Commission spokesman Reuben Muoka said the call quality of the four companies were poor and they also delivered poor services leading to imposition of the USD 7.3 million fine on them.

Airtel ranked best operator by Nigerian telecom regulator

Last Updated: Friday, May 11, 2012, 15:11

Nigerian telecom regulator has ranked Indian telecom giant Bharti Airtel's Nigerian unit -- Airtel Nigeria -- as the best operator for good quality of service.

Airtel Nigeria launches 3.75G service

Last Updated: Wednesday, February 29, 2012, 22:06

The launch will boost customer experience with high-speed mobile broadband and internet access, empowering telecom consumers to watch live TV, download music and make video calls using enabled devices.

Bharti Airtel appealed against Nigeria court verdict

Last Updated: Wednesday, February 08, 2012, 10:48

Bharti Airtel's stake in its Nigerian unit is "completely safe" and the world's fifth-biggest mobile phone carrier by subscribers has appealed against a Nigeria court verdict, said Manoj Kohli, its chief executive for international operations.

Court challenges Bharti's ownership of Airtel Nigeria

Last Updated: Tuesday, January 31, 2012, 10:19

A Nigerian court has ruled that Bharti Airtel's ownership of its subsidiary Airtel Nigeria is "null and void" because co-founder and 5 percent shareholder Econet Wireless was not consulted on the transfer, according to a judgement.