Indian Telecoms Giant Completes Zain Deal
The leading telecom firm in India, Bharti Airtel, yesterday completed its $8.97 billion acquisition of most of Zain's African assets, despite an ongoing dispute over ownership of Zain Nigeria.
A Zain shop in Nairobi: The company has about 40 million subscribers in Africa.
Bharti Airtel Finally Acquires Zain
Leadership, 8 June 2010
The leading telecom firm in India, Bharti Airtel, yesterday completed its $8.97 billion acquisition of most of Zain's African assets, despite an ongoing dispute over ownership of… Read more »
Indian Firm Bids U.S. $10 Billion for Mobile Phone Operator
Business Daily, 16 February 2010
Kuwait-based mobile phone firm Zain's acceptance of a $10.7 billion offer for its Africa operations promises a major realignment of the wireless telecoms landscape on the… Read more »
Indian Firm Goes Head-to-Head With African Telecoms
Business Day, 16 February 2010
FIVE months after the collapse of a proposed tie-up between MTN and India's Bharti Airtel, the two are set to go head-to-head in Africa's cellphone industry, after Bharti launched… Read more »
Econet Says Zain Not for Sale
This Day, 16 February 2010
The Chief Executive Officer of Econet Strive Masiyiwa has said that Zain Nigeria is not for sale as Bharti Airtel, India's largest telecoms operator, offers $10.7 billion to… Read more »
Telecoms Investors 'Still Keen On African Market'
Business Day, 21 January 2010
THE collapse last year of merger talks between MTN and Bharti Airtel had not sapped investors' interest in Africa, where both cellular and fixed-line telephone penetration rates… Read more »
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