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Airtel Africa Seeks to Raise $750 Million in London IPO
Bharti Airtel's arm Airtel Africa has set a price range of 80-100 pence per share for its initial public offering (IPO) on the London Stock Exchange.
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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 Appoints Eight Global Banks For Initial Public Offering
The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International and Standard Bank Group Ltd.
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Bharti Airtel Posts 65% Fall In Net Profit To Rs 119 Crore In Q2
However, net revenue from its Africa business grew 13.2 per cent year-on-year, the company said.
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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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Why Bharti Airtel Shares Surged 10% Despite Jio Impact On Q4
Bharti Airtel's consolidated net profit fell to Rs 471 crore in the three months to March 31, 2017 from Rs 1,529 crore a year ago.
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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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Bharti Airtel Gains On Singtel Alliance, BofAML Upgrade
Shares of India's biggest telecommunications company Bharti Airtel jumped as much as 2.68 per cent to hit intraday high of Rs 351.85 after the company joined hands with Singapore Telecommunications to provide high-speed data network coverage across 325 cities in the Asia-Pacific, the Middle-East, Africa, Europe and the US under one network.
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Bharti Airtel Announces Restructuring of African Business Unit
The company has elevated Airtel Africa MD and CEO Christian Defaria to the position of Executive Chairman of Airtel Africa.
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Bharti Airtel Rejigs Africa Business Unit
The company has elevated Airtel Africa MD and CEO Christian Defaria to the position of Executive Chairman of Airtel Africa.
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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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Bharti Airtel Beats Q2 Estimates on Higher Data Usage
The company said Africa performance has improved with underlying revenue growth of 5.1 per cent in second quarter, which is highest in the last four quarters.
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Bharti Airtel Sells 8,300 Mobile Towers in Africa for Rs 11,000 Cr
Telecom major Bharti Airtel on Tuesday said it has completed the sale of about 8,300 mobile towers in Africa for $1.7 billion (about Rs 11,000 crore), which will be used for reducing debt.
-
Airtel Africa Seeks to Raise $750 Million in London IPO
Bharti Airtel's arm Airtel Africa has set a price range of 80-100 pence per share for its initial public offering (IPO) on the London Stock Exchange.
-
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.
-
Airtel Africa Appoints Eight Global Banks For Initial Public Offering
The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International and Standard Bank Group Ltd.
-
Bharti Airtel Posts 65% Fall In Net Profit To Rs 119 Crore In Q2
However, net revenue from its Africa business grew 13.2 per cent year-on-year, the company said.
-
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.
-
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.
-
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.
-
Why Bharti Airtel Shares Surged 10% Despite Jio Impact On Q4
Bharti Airtel's consolidated net profit fell to Rs 471 crore in the three months to March 31, 2017 from Rs 1,529 crore a year ago.
-
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.
-
Bharti Airtel Gains On Singtel Alliance, BofAML Upgrade
Shares of India's biggest telecommunications company Bharti Airtel jumped as much as 2.68 per cent to hit intraday high of Rs 351.85 after the company joined hands with Singapore Telecommunications to provide high-speed data network coverage across 325 cities in the Asia-Pacific, the Middle-East, Africa, Europe and the US under one network.
-
Bharti Airtel Announces Restructuring of African Business Unit
The company has elevated Airtel Africa MD and CEO Christian Defaria to the position of Executive Chairman of Airtel Africa.
-
Bharti Airtel Rejigs Africa Business Unit
The company has elevated Airtel Africa MD and CEO Christian Defaria to the position of Executive Chairman of Airtel Africa.
-
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.
-
Bharti Airtel Beats Q2 Estimates on Higher Data Usage
The company said Africa performance has improved with underlying revenue growth of 5.1 per cent in second quarter, which is highest in the last four quarters.
-
Bharti Airtel Sells 8,300 Mobile Towers in Africa for Rs 11,000 Cr
Telecom major Bharti Airtel on Tuesday said it has completed the sale of about 8,300 mobile towers in Africa for $1.7 billion (about Rs 11,000 crore), which will be used for reducing debt.