Is Airtel Leaving Nigeria And Africa As A Whole

The report via Bloomberg claims that Airtel “is considering mergers or stake sales at some of its Africa operations as it looks to cut debt and make its biggest overseas acquisition profitable.” Speaking at the World Economic Forum in Davos, Mr. Mittal, the chairman of Bharti Airtel, said this process would be completed within a year and would affect some of Bharti’s businesses in 15 African nations, including Nigeria.

Apparently, business has not been smooth for Airtel Africa.  They lost $91 million in the quarter to September 2016. This was, however, an improvement from a $170 million loss over a similar quarter the previous year.

In order to reduce the debt, they are also considering selling a stake in Bharti Infratel Ltd., its tower unit. A committee was studying whether the sale would be a minority stake or control of the tower unit and a decision could be taken in a month, Mittal said.

H/T: Bloomberg.


Bookmark the permalink.


  1. You’re totally right and I definitely trust you. Whenever you want, we might also talk about medical injury lawyer, a thing which fascinates me. The site is definitely brilliant, best wishes!

  2. I frequently look over your site content attentively. I am likewise interested in bluestacks download for windows 10, perhaps you could write about that at times. Have a great day!

  3. Youre so cool! I dont suppose Ive read something like this before. So good to seek out any individual with some authentic thoughts on this subject. realy thanks for starting this up. this website is something that’s needed on the web, somebody with just a little originality. useful job for bringing one thing new to the web!

  4. My family and I really adore your blog and find most of the blog posts to be what precisely I am looking for. Do you offer other people to write information for you? I wouldn’t mind publishing a story on wifi router settings or maybe on most of the things you’re posting about on this page. Awesome blog!

  5. Thanks for writing this, I bookmarked this web page. I’m additionally seeking out guidance on cheap computers, have you any idea exactly where I could discover a thing such as this? I will come back very soon!

  6. Hi there, you are certainly right. I frequently read your articles closely. I’m furthermore considering kik login online, perhaps you could write about that at times. Have a nice day.

  7. I arrived over here via another web address on the subject of homework websites for students and considered I should check this out. I love the things I see therefore I am just following you. Getting excited about looking over the blog again.

  8. Hello can you inform me which blogging platform you’re using? I am seeking to get started on my own website on teer result today soon though I am having a tough time making a decision.

  9. You’re certainly right, I would really enjoy to discover more info on this particular subject! I’m as well curious about espresso machines as I feel it truly is very trendy in these days. Keep it up!

  10. I like what you guys are up too. Such clever work and reporting! Carry on the superb works guys I’ve incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂

  11. I am continually browsing online for ideas that can help me. Thx!

  12. Hello I am so delighted I found your blog page, I really found you by error, while I was researching on Google for something else, Regardless I am here now and would just like to say thanks a lot for a remarkable post and a all round enjoyable blog (I also love the theme/design), I donít have time to read it all at the moment but I have saved it and also added in your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the superb work.

  13. The crux of your writing while appearing reasonable in the beginning, did not really settle very well with me personally after some time. Someplace throughout the sentences you were able to make me a believer but just for a while. I still have got a problem with your jumps in logic and one would do nicely to help fill in all those gaps. In the event you can accomplish that, I would certainly end up being fascinated.

  14. There are actually amazing improvements on the style of the website, I honestly like this. Mine is dealing with aadhar card status and there are quite a lot of things to be done, I’m still a rookie in internet site design. Take care!

  15. Thank you for your awesome content! I certainly enjoyed finding out about it.I will be sure to take note of your blog and definitely will come back in the future. I want to suggest you to ultimately keep going with your good writing, possibly discuss shareit apk download too, have a wonderful afternoon!

  16. Can I just say what a relief to seek out somebody who truly knows what theyre talking about on the internet. You definitely know the best way to carry a difficulty to light and make it important. More individuals must read this and understand this side of the story. I cant believe youre not more well-liked because you undoubtedly have the gift.

  17. Lovely blog! I am loving it!! Will be back later to read some more. I am taking your feeds also.

Comments are closed