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Airtel and Telkom to fight regulators merger terms

2020-02-04 01:00:00| Total Telecom industry news

In December last year, the CAK approved the merger of the second and third largest MNOs in Kenya, Airtel Kenya and Telkom Kenya.    Between them, the two companies currently control around 30% of the Kenyan market, with around 14 million customers.   However, the conditions imposed on the merger were austere…read more on TotalTele.com »

Tags: terms fight merger regulators

 

Airtel Africa Q3 revenue rises 13%

2020-01-28 09:35:00| Telecompaper Headlines

(Telecompaper) Airtel Africa said revenue increased by 9.9 percent to USD 2.52 billion in the nine months to 31 December 2019 from USD 2.29 billion a year earlier, with third quarter revenue up 12.8 percent. In constant currency terms, revenue rose by 12.4 percent in the nine-month period and by 14.2 percent in Q3. This was the eighth consecutive quarter of double-digit constant currency growth.

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Bharti Airtel and Western Union unite for mobile money transfers in India and Africa

2020-01-22 01:00:00| Total Telecom industry news

In the midst of weathering the storm created by government-imposed AGR payments, Bharti Airtel has partnered with Western Union to launch cross-border mobile money transfer services. The service, expected to launch this year, would offer Airtel’s 550 million Airtel Payments Bank customers the chance to make real…read more on TotalTele.com »

Tags: money mobile western india

 

Cash-strapped Bharti Airtel to raise up to $3bn after shareholder approval

2020-01-06 01:00:00| Total Telecom industry news

Following the high court ruling altering the definition of annual gross revenue (AGM), telcos in India were saddled with $13 billion in dues relating to their spectrum licence payments. Of this total, India’s third-biggest telco, Bharti Airtel…read more on TotalTele.com »

Tags: approval raise shareholder airtel

 

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