Bharti Airtel

Bharti Airtel says purchase of Tanzania unit stake had government approval

Indian telecoms carrier Bharti Airtel said on Thursday that there were no irregularities in deals that made it the majority shareholder in a Tanzanian unit, a day after the country’s president claimed the company belonged to the state. President John Magufuli said on Wednesday he had received a report that the state-run Tanzania Telecommunications Company […]

Read More
Bharti Airtel

Bharti Airtel interested in acquiring 9mobile: Goldman

Bharti Airtel Limited is interested in acquiring Nigeria’s 9mobile, according to Goldman Sachs. If the Sunil Mittal-led telecom firm buys 9mobile, it will become the number one operator in Nigeria, Goldman Sachs added in the report based on an analyst meet arranged by the company. Bharti Airtel, Helios Investment Partners, Smile Telecoms, Globacom and Teleology […]

Read More

Bharti Airtel and Tigo merge in Ghana to form AirtelTigo

Bharti Airtel has merged with Millicom’s Tigo in Ghana to become the country’s second largest mobile operator, the new company AirtelTigo said on Tuesday. The merger, the first of its kind in Ghana, is a bid to increase share in the West African country where mobile phone use is one of the highest in Africa […]

Read More

Citigroup, Standard Bank selected to find new investors for 9mobile

9mobile, the mobile operator formerly known as Etisalat Nigeria, has appointed Citigroup and Standard Bank to find an investor to buy into the firm, with three companies already showing interest, a banking source close to the deal said on Tuesday. India’s Bharti Airtel, which already has a presence in Nigeria, as well as Britain’s Vodafone […]

Read More