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Tag: airtel
Airtel and Telkom to fight regulators merger terms
2020-02-04 01:00:00| Total Telecom industry news
In December last year, the CAK approved the merger of the second and third largest MNOs in Kenya, Airtel Kenya and Telkom Kenya. Between them, the two companies currently control around 30% of the Kenyan market, with around 14 million customers. However, the conditions imposed on the merger were austere…read more on TotalTele.com »
Tags: terms
fight
merger
regulators
Airtel Africa Q3 revenue rises 13%
2020-01-28 09:35:00| Telecompaper Headlines
(Telecompaper) Airtel Africa said revenue increased by 9.9 percent to USD 2.52 billion in the nine months to 31 December 2019 from USD 2.29 billion a year earlier, with third quarter revenue up 12.8 percent. In constant currency terms, revenue rose by 12.4 percent in the nine-month period and by 14.2 percent in Q3. This was the eighth consecutive quarter of double-digit constant currency growth.
Tags: africa
revenue
rises
airtel
Bharti Airtel and Western Union unite for mobile money transfers in India and Africa
2020-01-22 01:00:00| Total Telecom industry news
In the midst of weathering the storm created by government-imposed AGR payments, Bharti Airtel has partnered with Western Union to launch cross-border mobile money transfer services. The service, expected to launch this year, would offer Airtel’s 550 million Airtel Payments Bank customers the chance to make real…read more on TotalTele.com »
Tags: money
mobile
western
india
Cash-strapped Bharti Airtel to raise up to $3bn after shareholder approval
2020-01-06 01:00:00| Total Telecom industry news
Following the high court ruling altering the definition of annual gross revenue (AGM), telcos in India were saddled with $13 billion in dues relating to their spectrum licence payments. Of this total, India’s third-biggest telco, Bharti Airtel…read more on TotalTele.com »
Tags: approval
raise
shareholder
airtel
Airtel Malawi sets IPO price, offers 15% plus greenshoe of 5%
2019-12-27 11:46:00| Telecompaper Headlines
(Telecompaper) Airtel Africa has set the price for the Initial Public Offering (IPO) of its Malawian subsidiary on the Malawi Stock Exchange at MWK 12.69 per ordinary share, Premium Times reported. The offer is expected to comprise 1.65 billion shares, representing 15 percent of the issued share capital. Another 550 million shares, or 5 percent, will be made available subject to the exercise of over-allotment options.
Tags: price
offers
sets
malawi
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