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Uganda’s second largest mobile phone operator, Airtel Uganda, has initiated internal discussions regarding plans to list a 20% stake in the company via an initial public offering (IPO). PR manager David Birungi said the company will notify the market “when discussions are complete.” The Capital Markets Authority (CMA) requires all foreign-owned telecommunications companies to list...

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Airtel Uganda has said that ‘discussions are going on internally’ with regard to the listing of a 20% stake in the company via an initial public offering (IPO). A report from the Daily Monitor says the cellco has still to release further details, including the possible timing of the IPO. Holders of National Telecoms Operator (NTO)...

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Airtel Africa – Bharti Airtel’s majority-owned pan-African division – confirmed yesterday that it has completed its minority shareholder buyout offer at its largest subsidiary Airtel Nigeria. In a stock exchange note, London/Lagos-listed Airtel Africa said it paid NGN61 billion (USD147 million) for a total 8.22% in minority shareholdings to raise its stake in mobile operator...

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The Nigerian Communications Commission (NCC) yesterday announced that three telecoms companies have qualified as approved bidders in the upcoming 3.5GHz spectrum auction for the deployment of 5G networks, namely MTN Nigeria, Airtel Networks (Airtel Nigeria) and Mafab Communications, having met the criteria for participation including payment of an Intention to Bid Deposit (IBD). The NCC reaffirmed that the licence...

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Airtel Africa, a leading provider of telecommunications and mobile money services with a presence in 14 countries across Africa, announces that its B2B provider, Airtel Business, has formed a new partnership with Cisco to provide secure internet access to Small and Medium-sized Enterprises (SMEs) in Africa, in support of their digital transformation journeys. The partnership...

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Airtel Money has today launched the Airtel Money Mastercard virtual payment solution in Zambia, that allows all Airtel Money customers in the country, even those without a bank account, to make global e-commerce payments safely and securely, underpinned by a growing demand for digital payments. This forms part of Airtel Africa’s strategic partnership with Mastercard to...