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Zain Africa

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Bharti to spend $800 mn on Zain Africa this fiscal

Bharti Airtel will spend up to $800 million (about Rs 3,565 crore) this fiscal on setting up infrastructure network for its new acquisition Zain Africa. "Last year Zain spent $800 million as capex......

Bharti inks $10.7 bn Zain deal

The country's largest telecom service provider - Bharti Airtel - on Tuesday inked a definitive agreement with Kuwait's telecom firm, Zain, to acquire its African assets at an enterprise value of......

Bharti, Zain likely to sign deal today

Bharti Airtel is expected to sign the $10.7-billion deal with Kuwait's Zain tomorrow to acquire its African assets, says a media report. Once the deal is through, Bharti Airtel would be the......

Bharti Airtel: Third time lucky in Africa?

With competitive pressures increasing at home, Bharti is making a third attempt to gain a foothold in the African market, write Vishal Chhabria and Ram Prasad Sahu. After two failed attempts to......

BSNL consortium begins talks to buy Zain

A consortium comprising India's telecom PSUs BSNL and MTNL, among others, on Monday said it has started negotiations for acquiring control of Kuwait's biggest phone company Zain Telecom that has......

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