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Airtel plans to boost its African stake by up to 5%, targeting a 62.29% ownership by March 2025.
Bharti Airtel plans to increase its stake in Airtel Africa Plc by up to 5% by March 2025, bringing its ownership to nearly 62.29%.
The acquisition, an all-cash deal through its Mauritius subsidiary, aims to strengthen Airtel's African presence, which accounts for 25% of its total revenues.
New Street Research forecasts Airtel Africa will have the highest revenue growth in 2025 among telecom rivals.
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Airtel planea aumentar su participación en África hasta un 5%, apuntando a un 62,29% de propiedad para marzo de 2025.