Bharti Africa Operations

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  Airtel Africa Plans London IPO To Cut $16 Billion Debt

  In February, Airtel unveiled plans to raise as much as Rs 32,000 crore for a war chest to take on Jio as well as to prepare for an impending 5G airwaves auction.

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  Airtel Africa To Get $1.25 Billion From Softbank Group, Temasek, 4 Other Investors

  The investment will be used to reduce Airtel Africa's existing debt of approximately $5 billion and for growth of its African operations, the Bharti Airtel unit listed in UK said.

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  Airtel Sees Little Value In Acquiring Nigeria's 9mobile: Report

  Airtel, India's largest telecoms operator, had expressed an interest to acquire the Nigerian firm as part of plans to consolidate its position in Africa's biggest telecoms market, but it declined to submit a financial bid before a January 16 deadline.

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  Bharti Airtel Profit Slumps, But Beats Estimates

  Profit on a consolidated basis, which includes the company's Africa operations and its Indian satellite TV business among others, fell to Rs 367 crore in the three months to June 30.

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  Zain To Pay Bharti Airtel $129 Million In Africa Business Sale Settlement

  Zain in 2010 completed the $9 billion sale of its Africa business, which included operations across 15 countries.

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  Airtel May Get $900 Million From Africa Business Sales: S&P

  Bharti Airtel will receive about $900 million from sale of its operations in Burkina Faso and Sierra Leone in Africa, Standard and Poor's Ratings Services on Wednesday said in an estimate.

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  Airtel Deal to Sell Over 3,500 Towers in Africa Collapses

  Airtel was to sell and lease back over 3,500 towers to Eaton in 6 countries across its African operations under a 10-year contract.

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  Airtel Ties Up with Liquid Telecom for Fibre Network in Africa

  Airtel has signed an agreement with Liquid Telecom for the same. The company, however, did not share the financial details of the deal.

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  Bharti Airtel Jumps 6%, Hits 52-Week High

  In a release to the exchanges, India's largest telecom operator said, "Orange and Airtel have entered into an exclusive agreement to explore the possible acquisition by Orange of Airtel's subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone."

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  Orange in Talks to Buy 4 African Businesses From Bharti Airtel

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

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  American Tower to Buy Over 4,800 Bharti Airtel Phone Masts in Nigeria

  Bharti Airtel, India's top telecommunications company that also operates in Africa, will be the anchor tenant on the towers initially for 10 years, the companies said in a joint statement.

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  Bharti Airtel to Sell Telecom Towers in Tanzania, Malawi: Report

  Mobile operators such as India's Bharti have been selling masts to specialist tower firms and leasing them back to cut maintenance costs on a continent with poor access to electricity and shoddy roads.

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  Airtel Sells 3,500 Telecom Towers in Africa to Eaton Towers

  Airtel will sell and lease back over 3,500 towers to Eaton in 6 countries across its African operations under a 10-year contract.

• Bharti Airtel Surges 6%, Buoyed By Idea's Stellar Q1

  Bharti Airtel which operates in 20 countries across Asia and Africa and is the world's fourth-biggest cellular carrier by customers had reported 89 per cent year-on-year jump in its net profit to Rs 962 crore for the quarter ended March 2014. It was the second consecutive quarter of profit growth for Bharti Airtel.

• Bharti Airtel May Sell Tower Assets in Africa: Report

  The world's fourth largest operator is believed to have shortlisted four companies for the sale which include Helios Towers Africa, American Tower Corporation and Eaton Towers.