News WrapGet Handpicked Stories from our editors directly to your mailbox

Airtel Africa

Airtel Africa's London IPO price set at 80-100 pence per share; to raise up to $750 mn

The final pricing is expected to be announced on or around June 28, 2019, on the London Stock Exchange, according to the filing.

Jun 17, 2019, 13:20 PM IST

Airtel Africa's IPO related 'registration document' gets UK FCA nod

It is the prospectus which will contain details of the public offer including the number of shares, and issue price.

May 29, 2019, 15:07 PM IST

Zain Telecom to pay Bharti Airtel $129 million for settling disputes

Bharti Airtel Thursday said Zain Telecom, the company whose African business it had acquired for USD 10.7 billion six years ago, will pay around USD 129 million for the settlement of its various claims and disputes in Nigeria.

Nov 03, 2016, 12:59 PM IST

Airtel, Eaton Towers conclude tower sale deal in Burkina Faso

Telecom major Bharti Airtel and Eaton Towers Tuesday announced the conclusion of the sale and purchase of the former's tower assets in Burkina Faso.

Oct 27, 2015, 18:57 PM IST

Airtel sells 8,300 mobile towers in Africa for Rs 11,000 crore

Bharti Airtel today said it has completed the sale of about 8,300 mobile towers in seven countries in Africa for USD 1.7 billion .

Oct 20, 2015, 16:42 PM IST

Airtel says no plans to exit Africa amid Orange buzz

Bharti Airtel Tuesday said it has no plans to exit its African operations even as the company has entered into talks with France-based Orange to sell four subsidiaries in the continent.

Jul 21, 2015, 18:32 PM IST

Bharti Airtel to sell its four African arms to Orange

Bharti Airtel Monday said it has entered into an agreement with France-based telecom operator Orange to sell its four subsidiaries in Africa.

Jul 21, 2015, 00:13 AM IST

Airtel, UNICEF pact to provide education content in Africa

Bharti Airtel has partnered with UNICEF to provide health, education and youth-focussed content to its customers in 17 African countries.

Feb 18, 2015, 15:48 PM IST

Airtel launches pan-African affordable customised smartphone

Bharti Airtel Africa has launched the first pan African high quality, cost effective, customized smartphone in partnership with mobile chip manufacturer Qualcomm, a statement said Tuesday.

Feb 17, 2015, 15:05 PM IST

Airtel Africa launches Thuraya satellite ops in 12 countries

Airtel Africa, a subsidiary of Indian telecommunications company Airtel has partnered with Dubai based mobile satellite services provider Thuraya to launch its products and services in 12 African countries and tap the growing demand for communication services.

Nov 04, 2014, 16:32 PM IST

Airtel in talks with ATC and Eaton for sale of Africa towers

Telecom major Bharti Airtel is in advanced stage talks with American Tower Corporation (ATC) and Eaton Towers for selling its tower assets in several African countries, including Nigeria, Ghana and Uganda, sources aware of the development said.

Aug 19, 2014, 17:02 PM IST

Bharti Airtel may sell tower assets in Africa

Telecom giant Bharti Airtel is expected to sell-off over 15,000 towers in Africa for about USD 2-3 billion, which will help it reduce debt, bankers familiar with the development said.

Jun 03, 2014, 18:08 PM IST

Bharti Airtel says to spend $1 bn per year in Africa

Telecoms firm Bharti Airtel plans annual capital expenditure of USD 1 billion in Africa in the next few years and will focus on deepening investments in 17 countries there rather than entering new markets, its chairman said.

May 08, 2014, 21:34 PM IST

Airtel Africa joins Bridge Alliance

Bharti Airtel Monday said its African unit has joined Bridge Alliance, a partnership of 14 leading mobile operators, which serves a combined customer base of 500 million.

Dec 02, 2013, 22:13 PM IST

Airtel features in Africa's top ten most admired global brands

Airtel is the only telecom company from India featuring on the list of top ten global brands admired most in Africa, according to a survey.

Oct 03, 2013, 09:04 AM IST

Airtel appoints Faria as new CEO of Africa; Kohli to return

The appointment will be effective January 1, 2014.

Aug 28, 2013, 21:46 PM IST

Airtel submits final bid for telecom licence in Myanmar

Airtel already offers services in Sri Lanka, Bangladesh and 17 African countries apart from India.

Jun 04, 2013, 13:35 PM IST

Airtel, Nokia tie-up for value added services in Africa

Since its launch in India, Nokia Life has expanded to several countries and has been experienced by more than 95 million people in 18 local languages.

Apr 02, 2013, 19:37 PM IST

Airtel launches HD voice service in Africa

"Airtel becomes the third operator to launch a mobile HD voice service in Africa. Further launches will be scheduled in 2013," the company said in a statement.

Mar 05, 2013, 16:45 PM IST

Airtel's Africa ops net loss widens to Rs 520 cr

Telecom giant Bharti Airtel Friday said net loss from African operations has widened to Rs 520 crore in October-December 2012 quarter from Rs 260 crore in the same period a year ago.

Feb 01, 2013, 18:57 PM IST