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AIRTEL AFRICA PLC
Airtel secures nearly 100% investor support to raise Airtel Africa stake to about 79%Bharti Airtel shareholders have overwhelmingly approved a plan to increase its stake in Airtel Africa Plc. This strategic move involves a c...- Stocks in news: Bajaj Finance, Eternal, Airtel, Maruti Suzuki, Adani PowerMarkets experienced a volatile session, closing weaker on Tuesday due to the monthly derivatives expiry. Analysts note the Nifty is attempt...
- Airtel eyes $2 billion London IPO of mobile money unitAirtel Money, Airtel Africa's mobile money arm, is planning a significant initial public offering. The listing could raise between $1.5 bil...
- Airtel set to boost Africa stake by 5% in FY25 with cash deals, eyes strong growth aheadBharti Airtel plans to acquire an additional 5% stake in its Africa unit, Airtel Africa plc, by FY25 via cash deals, boosting its current 5...
- Airtel Africa’s Dutch hold-company completes $550 million bond repaymentDuring Airtel Africa’s IPO back in June 2019, the (Airtel Africa) Group had $2,719 million of external debt at the HoldCo level, which had ...
- Airtel names Shashwat Sharma as COO, replacing Sunil Taldar who moves to Airtel AfricaBharti Airtel, India’s second largest telco, has elevated Shashwat Sharma to the post of chief operating officer as part of changes to its ...
- Airtel Africa inks $125-million credit facility with Citi to back investments in four unitsAirtel Africa added that the revolving credit facility has a tenor up to September 2024 and provides potential interest rate savings in exc...
- Airtel Africa plans to raise $194 million via debt from IFC for capex needsThe debt financing package for Airtel Africa Plc will comprise a direct $150 million investment from Washington-based IFC and an additional...
- Airtel Africa inducted into FTSE 100 IndexAirtel Africa Plc was listed on London Stock Exchange in late-June 2019.
- Airtel Africa to sell 7.5% stake in mobile money unit to QIA for $200 millionInfusion by Qatar’s sovereign wealth fund will happen via one of Airtel Africa Plc's wholly-owned arms, Airtel Mobile Commerce BV (AMC BV),...
- Airtel Africa names new CEO Olusegun Ogunsanya who will replace Raghu Mandava“We are delighted to appoint (Segun) Ogunsanya as the (Airtel Africa) Group's next CEO. He has displayed significant drive and energy in tu...
- Airtel Africa mobile money biz gets $100 million infusion from MastercardMastercard will invest $100 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned arm of Airtel Africa plc.
- Airtel Africa sells tower units in Madagascar, Malawi to Helios for $108 millionAirtel Africa’s towers portfolio in Madagascar and Malawi comprise 1,229 towers, while it has another 1000-odd across Chad and Gabon.
- TPG arm to invest $200 million in Airtel Africa's mobile money biz“The Rise Fund, the global impact investing platform of leading alternative investment firm TPG, will invest $200 million in Airtel Mobile ...
- Airtel calls off Kenya unit merger with Telecom KenyaAccording to a Reuters news report, Telkom Kenya, in a statement, said it had "opted to adopt an alternative strategic direction" and would...
- Airtel Africa sales rise as more customers sign up for phone servicesRevenue for the year-ended March rose 11.2 per cent to $3.42 billion.
- Airtel, Western Union team up to launch real-time cross-border money movements in India, AfricaWestern Union has teamed up with two Bharti Airtel arms -- Airtel Payments Bank and Airtel Africa Plc -- to launch real-time payments short...
- 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 busi...
- Airtel Kenya-Telkom planned merger under a cloudBack in February, Bharti Airtel had said its unit Airtel Networks Kenya and Telkom Kenya had inked a pact to merge operations that would en...
- Airtel Africa appoints eight global banks to work on IPOBharti Airtel reported 3.6 per cent decline in its India revenues on year-on-year.
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