BHARTI AIRTEL ZAIN ACQUISITION PDF

Bharti Airtel has completed the acquisition of Zain Telecom’s Africa operations for US$bn. Read more about Bharti Airtel completes acquisition of Zain on Business Standard. In the largest ever telecom takeover by an Indian firm, Bharti. Bharti had a very low “Net Debt to Equity Ratio” of at the end of Dec., which means that it was virtually a debt free company It is good.

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What is the outlook for telecom stocks? Telecom News Telecom Policy. A challenge for Bharti Airtel will be to integrate the operations of Zain Africa in all 15 countries, which currently operate largely as stand-alone units, said Kamlesh Bhatiaa principal research analyst at Gartner. By expanding its business outside the country, Bharti Airtel can in the long term benefit from economies of scale, including getting better deals from suppliers, Bhatia said.

The acquisition gives Bharti Airtel a total customer base of million, including million subscribers it had in India at the end of April. He declined to be named as his organization does not authorize him vharti speak to the media. Nazara in talks to buy firms in India, Africa. A third banker said the deal could be in two steps—the first involving the buyout of the African operations as well as a small stake in Zain itself.

India’s Bharti Airtel completes acquisition of Zain Africa | Reuters

We are looking at more opportunities as we build more roll outs in Africa,” he remarked. Airtel Africa says IPO plans on track. At present, China Mobile is the world’s largest mobile player with a subscriber base of million, followed by Vodafone millionTelefonica million and American Movil million. This will alert our moderators to take action. Long-time Mittal lieutenant Manoj Kohli moved to Nigeria to helm the new business.

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Two years later, things are not much better. In MTN’s case, we would have had board control but no management control and no change in brand. The company announced that it would launch the Airtel brand in Zain’s operations in all the 15 nations in October.

The operations spread across 15 African countries that Bharti is seeking to buy are grouped under an entity called Zain International.

The company reported a decline in profits and flat revenue for the quarter ended March 31, even though its customer base grew 35 percent over the same quarter last year.

But it has never met these targets and now it looks like Bharti may have bitten off more than it could chew. Foul language Slanderous Inciting hatred against a certain community Others. Related Topics Business Companies new service. The company has now million subscribers in 18 Asian and African nations.

As operators in India have shown, achieving a minimalist cost structure is the best foundation an operator in an emerging market can have.

Arpu is a key yardstick for telcos. Analysts say Zain had not invested enough in its Africa assets and was bleeding cash. Bharti-Zain deal Stock quote: To see your saved stories, click on link hightlighted in bold.

This deal would signal many new investments that would go to Africa, he added. The company has also reached a settlement with Broad Communications, the single largest shareholder in Zain Nigeria, following which its chief Otudeko would now head Bharti’s operations in Nigeria. Zain is the second largest operator and that is the only difference.

Special Correspondent New Delhi, June 08, Asked whether he regretted missing a deal with MTN twice and whether that was his first choice, Mr. This article is closed for comments. Tariffs in Africa were around 10 cents a minute, compared with the less than 1 cent per minute in India. The Zain deal would also catapult the Indian entity into the league of world’s top 10 telecom players.

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Plus, its India operations were suffering from a tariff war and expensive spectrum acquisitions; so why not look outside for fresh growth?

Bharti Airtel completes acquisition of Zain

Read more on Bharti Airtel. Akrtel up Bharti’s global ambitions, the latest acquisition comes in the backdrop of diminishing revenues from its India operations due to hyper competition and rock-bottom tariffs.

Zain had not invested much in key things such as brand and network, which made integration more difficult. After twice wooing but failing to acquisiion a merger with South Africa’s MTN, Bharti’s ambitions to enter into vast African market has now been fulfilled. Announcing the deal, Sunil Mittal, chairman and managing director of Bharti Enterprises said, “This agreement is a landmark for global telecom industry and game changer for Bharti. Representatives from both companies were not available for comment.

Micromax strengthens international play, to foray into South Alrtel. Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings. Please Email the Editor. Not all analysts are as harsh. Never miss a great news story! Zain has operations in 17 countries in the region and is claiming to be the second largest operator after MTN. Sudan and Morocco would be out of the deal.

Melania Trump departs Washington on Africa trip. For Africa, Airtel could also leverage its existing relationships in India to get deals for equipment, network management and IT infrastructure.