Indian telecommunication giant Bharti Airtel reported mixed results in the region for 2017, with its Ugandan unit's profits growing by almost 30 per cent to $62.12 million, from $44.9 million in 2016, while the Tanzanian and Kenyan operations posted a combined loss of $135.6 million, pushing their accumulated losses to $1.07 billion.
The poor but improved performance of the regional units shows that the firm is still struggling to find a foothold, even as it keeps these units afloat through borrowing.
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