Tag: Bharti Airtel

Millicom exits Rwanda to sell unit to Bharti Airtel
Global

Millicom exits Rwanda to sell unit to Bharti Airtel

Another telecom exit has now being confirmed as Millicom announced today that it has signed an agreement for the sale of its Rwanda operations to subsidiaries of Bharti Airtel Limited. The total consideration of the transaction is approximately 6x 2017 adjusted EBITDA, payable over two years, consisting of a mix […]

India’s Bharti Airtel merges with Tata Teleservices
Global

India’s Bharti Airtel merges with Tata Teleservices

India’s Bharti Airtel has sealed another merger in India as the company has combined forces with Tata Teleservices in a new transaction. The Bharti Airtel-Tata merger is seeing as a debt-free and cash-free merger that will see Bharti takeover the 40 million subscriber base from Tata Teleservices while the latter […]

Millicom, Bharti Airtel complete merger in Ghana
Global

Millicom, Bharti Airtel complete merger in Ghana

As a follow up update to their proposed merger in Ghana, Millicom and Bharti Airtel have completed the transaction. In a statement released by Millicom, the company said: Millicom International Cellular S.A. (“Millicom”), the parent company of mobile operator Tigo Ghana Limited, announced today it has completed the transaction announced […]