Airtel Africa, a telecommunications and mobile money services provider, with a presence in 14 countries across Africa, announced the signing of an agreement under which Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA), will invest $200 million in Airtel Mobile Commerce BV (AMC BV), a subsidiary of Airtel Africa plc. AMC BV is the holding company for several of Airtel Africa’s mobile money […]
Tag: Raghunath Mandava
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa, announced it has named Olusegun (Segun) Ogunsanya, MD and CEO of Nigeria as the successor of Raghunath Mandava, as the new Managing Director and Chief Executive Officer […]
Bharti Airtel International B.V., doing business in Africa as Airtel Africa has raised $1.25 billion (over Rs 9,200 crore) by issuing fresh shares to six global investors including Warburg Pincus, Temasek, Singtel, and SoftBank Group International. The company organized a two-stage fundraise to manage its debts. The transaction will not be involving any sale of shares […]
Some more changes in Bharti Airtel, as the company gears up for improving profitability, internal efficiencies, while it looks at enhancing its subscriber base in existing and new services.