May 5th, 2016 11:30 PM 0 COMMENTS

Airtel inks pact to divest 950 towers in Congo

Bharti Airtel Thursday said that it will divest about 950 towers in Democratic Republic of Congo to Helios Towers Africa (HTA). The divestment also includes towers currently under construction in the DRC. The move is aimed deleveraging by reducing debt and ongoing capital expenditure, and turn profitable in the region. Further, the agreement will allow Airtel to focus on its core business and customers. Christian De Faria, Executive Chairman, Bharti Airtel... Read More

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