Aiming to consolidate its presence in Africa, Bharti Airtel has reportedly entered into a definitive agreement to acquire Warid Congo SA, the Warid Group’s telecom business in the Congo.
Bharti Airtel is currently present in 17 African countries with over 74 million customers in the quarter ended September 30, 2013.
For the period under consideration, the operator?s revenues from Africa (in constant USD terms) grew by 5.4 per cent on a sequential quarter basis, led by a 28.2 per cent increase in data revenues.
Mobile voice pricing in Africa remained stable at 3.30 cents per minute. Net revenue in Africa (after inter-connect costs and cost of goods sold) grew by 20.7 per cent Y-o-Y in rupee terms.
