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Bharti Airtel invests $150 million in African operations

11 Oct 2012 Evaluate

Bharti Airtel, the leading global telecommunications company, has invested $150 million in its African operations. The company has routed these funds through its Mauritius-based wholly-owned subsidiary for regular operations and financial costs in Airtel Africa. The entity had also offered a $154-million guarantee through a Netherlands-based joint venture firm.

Recently, the company unveiled an all new ‘Unlimited Internet’ offer for its 2G Prepaid mobile customers. This is the company’s effort to provide enhanced services to its existing as well as new customers across India.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.

Peers
Company Name CMP
Bharti Airtel 1866.00
Vodafone Idea 14.10
Indus Towers 384.00
Tata Communications 1772.80
Railtel Corp. India 264.85
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