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AIRTEL AFRICA
Airtel Kenya-Telkom planned merger under a cloud
Back in February, Bharti Airtel had said its unit Airtel Networks Kenya and Telkom Kenya had inked a pact to merge operations that would enable the Sunil Mittal-led telco to effectively combat Safaricom.
Airtel Africa sets London IPO price band between 80-100 pence/share
Bharti Airtel currently owns 68.3 per cent in its Africa unit.
Airtel rises 6% post Q1 results; here's what experts say
The telco’s consolidated revenue rose 5 per cent on year and 0.6 per cent on quarter...
Airtel Africa to raise $200m from QIA
In November, Airtel Africa had raised $1.25 billion, or about Rs 9,200 crore.
Bharti Airtel posts consolidated net loss of Rs 2,866 crore
The telco’s consolidated revenue rose 5 per cent on year and 0.6 per cent on quarter, to Rs 20,737.9 crore, helped by growth in India revenues.
Moody's says Bharti Airtel may raise $3.5 billion from stake sale in Infratel-Indus entity
Airtel may rely more heavily on organic cash flow from the Indian operations.
Airtel Africa Q4 profit at $83 million; data demand, money services boost
Total revenue for Airtel Africa fell from $783 million sequentially.
Airtel Africa completes $200-mn funding transaction with Qatar sovereign fund
Airtel decided to use the proceeds from QIA to further reduce Airtel Africa's existing net debt.
Airtel Africa posts twofold jump in Q3 profit
Airtel Africa’s net income surged to Rs 551.8 crore from Rs 176.2 crore a year ago.
Airtel Africa gets $200-million investment from Qatar Investment Authority
The investment from QIA is in addition to the recent USD 1.25 billion investment by six leading global investors, including Warburg Pincus, Temasek, Singtel, and SoftBank Group International, in Airtel Africa.
Airtel Africa says IPO plans on track
Airtel Africa was responding to a report that said the IPO of yje unit would be delayed due to turmoil in EM stocks.
Bharti Airtel’s rights issue of over 1.13 billion shares oversubscribed
Bharti Airtel shares fell 2 per cent to Rs 338.70 at the close on the BSE on Wednesday.
Bharti Airtel looks to list Africa business on London Stock Exchange
It also seeks to list on the Nigerian Stock Exchange.
Airtel Africa appoints eight global banks to work on IPO
Bharti Airtel reported 3.6 per cent decline in its India revenues on year-on-year.
Airtel says rights issue oversubscribed, Tikona buy done
Shares in parent Bharti Airtel fell 1.9% to Rs 339 on the BSE Wednesday, in line with the broader weak markets.
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