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AIRTEL IN SIERRA LEONE
Airtel said to plan paring $4.6 billion of debt in three yearsS&P Global Ratings put a negative outlook on Airtel’s BBB- rating on May 3 after “cut-throat pricing” led to weaker-than-expected earnings.- Airtel closes sale of its unit in Sierra Leone to France's OrangeIn January, Bharti Airtel had said it will sell its operations in Burkina Faso and Sierra Leone to France-based Orange to Orange SA for aro...
- Airtel completes sale of Burkina Faso subsidiary to OrangeIn January, Bharti Airtel had said it will sell its operations in Burkina Faso and Sierra Leone to France-based Orange.
- Bharti Airtel plans to divest 950 towers in Congo to cut debtAirtel plans to sell all of its 15,000 towers in Africa and use the proceeds to cut debt – at $12.66 billion at the end of March – which ha...
- Airtel Africa restructures organisation design, Christian Defaria elevated to executive chairmanAirtel Africa’s new organisation design “is aimed at enhanced empowerment at the operating level as well as speed to market”.
- Short-term weakness in Bharti Airtel shares likely: HSBC“As the operations were profitable and had a higher consolidated margin than the African market overall, we expect Bharti’s Africa losses t...
- Bharti Airtel sells operations in Burkina Faso, Sierra Leone to Orange for around $900 millionBharti Airtel has signed a pact to sell 100% of its operations in Burkina Faso and Sierra Leone to Orange SA for around Rs 6,030 crore.
- Orange to acquire Airtel’s operations in Burkina Faso and Sierra LeoneThese acquisitions, according to Airtel, will be implemented in partnership with Orange’s subsidiaries in the Côte d’Ivoire and Senegal.
- Airtel denies plans to exit Africa, says sale of operations to Orange will reduce debtBharti Airtel said that it had no plans to exit Africa, despite beginning exclusive talks with France's Orange to sell four of its units th...
- Bharti Airtel stock gains, company to sell four of its African subsidiaries to Orange SAShares of Bharti Airtel gained as much as 5.33 per cent in intraday trade on Tuesday.
- Bharti Airtel enters into exclusive talks for sale of 4 African units to OrangeOrange said that the agreement covered Bharti Airtel's subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone.
- Indian companies like Bharti Airtel & Vedanta group issue travel bans to Ebola-hit nationsTwelve employees of Vedanta group returned home to India this week from Liberia before West African country imposed an emergency, a Vedanta...
- Bharti Airtel crosses 60 million subscriber base in AfricaBharti Airtel today said its subscriber base in Africa has crossed 60 million mark within three years of operation.
- Airtel Africa narrows loss to $52mn,crosses 50mn customer markBharti Airtel's Africa ops has narrowed its net loss to $ 52 mn during quarter ended December 31, 2011, against $ 119 mn in the same period...
- Bharti airtel defies broader market trend; settles in greenDefying broader market trend Bharti airtel, on Friday rose nearly two per cent intraday, before closing in green on bourses.
- Bharti airtel jumps 2% in morning trade on boursesShares of the company opened on a strong note at Rs 404.45 on the Bombay Stock Exchange and then rallied further to an early high of Rs 407...
- Bharti airtel gets 2G, 3G licences in Rwanda; to invest $100mn in 3yrs"We will work with the Government to bring affordable and best in class mobile services in Rwanda," Sunil Mittal, MD, Bharti airtel said.
- Bharti hires IBM, Tech Mahindra for Africa customer care servicesBharti Airtel, which now operates 'Zain' in 16 African countries, will outsource core customer services to IBM, Tech Mahindra and Spanco af...
- Bharti to make open offer for 22 pc stake in Zain ZambiaBharti Airtel will make an open offer to buy the remaining 22 per cent stake in Zambia's leading telecom entity, Zain Zambia.
- Bharti to invest $100 mn in Gabon over next three yearsAirtel is looking at penetrating the rural markets of most of the African countries. It has announced investments in Zambia, Malawi and Uga...
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