AIRTEL AFRICA
Bharti Airtel Q1 preview: Losses may narrow despite Covid-19 challenges
The telecom sector was an outlier as most sectors remained non-operational for most of the June quarter due to pandemic-induced lockdown.
Rupee depreciation may raise cost of imported telecom gear, push up capital expenditure: Report
The report said growth of telecom infrastruct...
Bharti’s $3 billion fundraising settles viability concerns
“The directors have concluded that the previously highlighted material uncertainty...
Fitch says removing Airtel from ratings watch to depend on SC ruling
Fitch assigned a rating of 'BBB-' to the company's proposed US dollar senior unsecured convertible notes.
Airtel Malawi plans to raise $37.5 million via IPO
“Airtel Africa PLC ("Airtel Africa" or "Group")... further to its announcement of 11 December 2019 of its intention to float its local business Airtel Malawi PLC ("Airtel Malawi" or the "Subsidiary) on the Malawi Stock Exchange, today announces the price for the initial public offering ("IPO" or the "Offer")," said the company on Tuesday.
Fund-raising to boost Bharti Airtel's books: Analysts
Bharti Airtel’s application for permission to increase its foreign shareholding limit to 100 per cent is still pending with the government.
Icra downgrades Bharti Airtel’s long-term rating to “AA-“ from “AA”
The agency said the ratings continue to remain under watch with negative implications.
Airtel Africa Q2 net profit up 39% YoY; data usage boosts
This profit growth was driven by rising data consumption and lower finance costs.
Airtel Africa crosses 100 million subscribers base
The growth in the Africa market mitigates the impact of challenge that the company is facing in India.
Airtel Africa Q1 net profit up 40% on year
Airtel Africa’s data revenue was up 36 per cent to $207.1 million.
Airtel Africa drops 16% in early trade after London debut
Airtel Africa shares fell as much as 16% on Friday after its London stock market debut, hitting a low of 77 pence against an initial public ...
Discounted Airtel Africa price band to counter UK Market conditions: Analysts
Bharti Airtel’s stake in its subsidiary will reduce to 55-57%, from 68.5%, after listing on London Stock Exchange.
Airtel Africa's IPO related 'registration document' gets UK FCA nod
Telecom czar Sunil Mittal-led Bharti Airtel's Africa unit plans to launch over USD 1 billion (around Rs 6,970 crore) IPO in London to help reduce debt.
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 to raise $200m from QIA
In November, Airtel Africa had raised $1.25 billion, or about Rs 9,200 crore.
