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Airtel services in Africa by Oct
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Quote:Bharti Airtel on Tuesday said it has completed acquisition of Zain Telecom, the African arm of Kuwait’s largest telecom company Mobile Telecommunications, for $10.7-billion. With this, Zain Africa will now be a 100 % subsidiary of Bharti International and Airtel would now become the world’s fifth largest mobile operator by subscriber base (with over 180 million subscribers and presence in 18 countries). Bharti now has a total revenue of $12.4 billion and an Ebidta margin of $4.7 billion.

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