Could Zimbabwe be the next big investment opportunity for emerging markets-focused telecommunications operators? A new report from Renaissance Capital suggests it might be
Browsing: Bharti Airtel
South Africans will be amazed to learn that Kenyans pay Ksh4/minute, or about 34c/minute, to make a mobile phone call — and that’s one of the most expensive rates on offer in the East African nation
Millions of mobile phone subscribers in Africa saw the icon on their phone screens change from Kuwaiti company Zain to Indian company Airtel last fall. The change means little to the average customer, but for the continent, it’s another sign that India is moving in
MTN president and CEO Phuthuma Nhleko has described suggestions that India’s Bharti Airtel poses a big threat to the JSE-listed telecommunications group’s interests in Africa as “exaggeration and oversimplification”. Analysts this week raised concerns that Bharti, which recently acquired Zain’s African assets, could start a price war with MTN in several key markets, including Nigeria.
Telecommunications group MTN faces tougher times in the 20 territories in which it operates outside SA as regulators across Africa and the Middle East begin to flex their muscles. Outgoing group president and CEO Phuthuma Nhleko says operators across the region are facing tougher regulations.
MTN is not in discussions to acquire a stake in India’s Loop Telecom, the JSE-listed telecommunications group said on Monday. This followed a report in India’s Business Standard newspaper that the two telecoms providers were in talks. The newspaper did not name its sources, merely citing people close to the developments
MTN has formally ended talks with Weather Investments, the parent of Egypt’s Orascom Telecom, dealing another blow to the SA-based cellphone group CEO Phuthuma Nhleko. The termination of the talks with Orascom’s parent brings to the three the number of high profile but failed potential deals that Nhleko has tried unsuccessfully to pull off in the past tw
India’s largest mobile operator, Bharti Airtel, said on Tuesday it had sealed a US$10,7bn deal to buy Zain’s African assets,…
Indian telecommunications tycoon Sunil Bharti Mittal is on the cusp of achieving his dream of building a presence in Africa…
Shares in India’s Bharti Airtel edged higher Tuesday on reports it would sign a US$10,7bn deal to acquire the African…