Bharti Airtel International (BAIN), a subsidiary of India-based, Bharti Airtel, which its Africa operations, confirmed it was investigating a potential initial public offering (IPO) for the business. This may well be spurred by moves by South Africa-based, telco giant, MTN, to float its shares on the floor of the Nigerian Stock Exchange (NSE), to help…

Performance of the African arm of India’s Bharti Airtel, led by Nigeria, appeared to be on the upward swing, as the region reported a profit of $76 million in the first nine months of 2017...

Bharti Airtel is currently battling Globacom, Dangote (Alheri Engineering) and seven others for 9mobile – formerly the local unit of Etisalat – as bankers push to complete a sale by December 31.

The African operations of Indian telecommunications giant, Bharti Airtel, has fetched it about $52million profit in quarter one (Q1), against $78million losses a year ago.

Although, the home market appeared troubled due to intense competition, Bharti Airtel has however, posted a $6 million profit from Nigeria and other African countries where it has operations.

Bharti Airtel is believed to have identified six non-profitable African markets for consolidation to reduce losses and clear headroom for the Sunil Mittal-led mobile carrier to deal with financial stress in India......

From a $170 million loss a year ago in its Africa’s operations, India’s telecommunications firm, Bharti Airtel, sharply narrowed its net loss in the continent’s operations to $91 million.

Nigeria’s foremost industrialist, Aliko Dangote was recently quoted as saying that “Nigeria is the best kept secret in the world. Anybody who does not invest in Nigeria only has himself to blame, going forward.