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Bharti Airtel to acquire Millicom's operations in Rwanda

2017-12-19 09:02:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel has agreed to acquire Tigo Rwanda from Millicom. The acquisition will consolidate the Rwandan telecom market and position Airtel as a strong number two, after market leader MTN. The consideration for the transaction values Tigo Rwanda at 6x adjusted EBITDA for 2017, payable over two years.

Tags: operations acquire rwanda airtel

 

Airtel sells stake in DTH unit to Warburg Pincus for USD 350 million

2017-12-13 09:42:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel announced that an affiliate of private equity firm Warburg Pincus will acquire a stake of up to 20 percent in Bharti Telemedia, the DTH arm of Airtel. The acquisition price reaches around USD 350 million. Of this, a 15 percent stake will be sold by Bharti Airtel and the balance by another Bharti entity which holds 5 percent. 

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Bharti Airtel chairman eyes Aircel tie-up

2017-11-27 01:00:00| Total Telecom industry news

Aircel could be the latest Indian telco to find its way onto Bharti Airtel's shopping list, after the latter's chairman made it clear he was open to talks. "Whenever there will be a possibility of a conversation…read more on TotalTele.com »

Tags: eyes chairman airtel bharti

 

Bharti Airtel eyes RCom assets

2017-11-24 01:00:00| Total Telecom industry news

Bharti Airtel is one of several Indian operators keen on acquiring select assets from Reliance Communications, it emerged late on Thursday. Bharti confirmed in an Economic Times report its interest in some of its beleaguered rival's spectrum and network equipment…read more on TotalTele.com »

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Airtel, Africell, Smile among 10 prequalified 9mobile bidders

2017-11-20 01:00:00| Total Telecom industry news

Global telcos, private equity firms, and a tower company are among 10 suitors chosen from a group of 16 to join the next round of bidding for Nigeria's 9mobile. This Day cited sources on Monday who said that these 10 companies have passed the technical bid stage…read more on TotalTele.com »

Tags: smile bidders airtel

 

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