Group items tagged

Kuwait's Zain Telecom on Thursday confirmed that its board of directors has approved the offer from India's top telecom operator Bharti Airtel to acquire its African assets, other than those in Morocco and Sudan.

The shares of India's top telecom company Bharti Airtel opened strong on bourses here Wednesday, a day after it sealed a $10.7 billion deal to acquire the African assets of Kuwait's Zain.

Bharti Airtel on Sunday announced it has tied up the whole financing requirement of USD 8.3 billion (Rs.37,350 crore) debt for its planned acquisition of Kuwait-based Zain Telecom's African unit.

Hallo guys. I am very happy to share here. This is my site. If you would like to visit here. Go ahead. I've made ​​About a $ 58,000 from my little site. There is a forum and I was very happy to announce to you. I also provide seo service. www.killdo.de.gg

For genuine and Serious inquiry of any form of banking instrument (BG/SBLC/MTN/DLC/LC).Please Contact : Mr. Mahendra Jain,Email :Draj.bgbroker@gmail.com Skype ID: Jaindra.bglease

India's Bharti Airtel Thursday said it has begun the process of raising funds for the $10.7 billion deal to acquire the African assets of Kuwait's Zain that will make it the world's fifth largest mobile telecom firm.

The move by India's top telecom player Bharti Airtel to acquire the African assets of Kuwait's Zain marks the biggest foray of a domestic company into the continent. The landmark deal, estimated at $10.7 billion, raises the level of Indian investments in Africa to $16.7 billion.