Bharti Airtel Readies For African Immigration Through Zain, Now Ranks 5th
Bharti Airtel, India's largest telecom firm completed acquisition of Kuwait based Zain Telecom's African business for $10.7 billion (about Rs 48,000 crore). This buyout not only makes Bharti to put footprint in Africa, but also positioned it as world's fifth largest wireless company with operations across 18 countries and a subscriber base of around 180 million. Of the $10.7 billion enterprise value of Zain, Bharti will be paying $8.3 billion... Read More
