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Bharti ties up Zain deal funds as talks deadline nears
Bharti Airtel said it had tied up the entire financing requirement of $8,3-billion for its planned buy of Kuwaiti telecom Zain’s African assets.
Zain Group
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Indian telecoms tycoon spooks investors with Africa move
Indian telecoms tycoon Sunil Bharti Mittal may be known for his Midas touch, but investors are questioning his bid to gain a foothold in Africa.
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Bharti: Africa’s potential makes Zain deal value fair
Bharti Airtel said $9-billion was not a high price for Kuwaiti telecom Zain’s African assets given the growth opportunities.
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Bharti confirms $10,7bn bid for Zain
India’s Bharti Airtel launched its third attempt to gain a foothold in Africa, entering $10,7-billion talks to buy most of telecom Zain’s assets.
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Zambia telecoms ups spending on cable
Zambia’s state telephone utility will spend about -million to lay a fibre-optic network and to lift its cellphone subscription to one million customers by June 2008, its managing director said. Simon Tembo said Cell-Z, a subsidiary of the state-owned Zamtel, hoped to increase its cellphone subscriber base from the current 300 000.
