February 14, 2018 / 9:42 AM / 10 months ago

REFILE-Bharti Airtel's holding company for Africa explores IPO

(Corrects headline to say holding ‘company’ for Africa, drops extraneous word op)

Feb 14 (Reuters) - India’s biggest mobile carrier Bharti Airtel Ltd said on Wednesday its holding company for Africa operations is looking at a potential initial public offering (IPO).

Bharti Airtel International (Netherlands) BV said the discussion on feasibility of listing its shares on an "internationally recognized" exchange was still in preliminary stage. bit.ly/2BsRy6H

Bharti Airtel owns telecom assets in 14 African countries.

For the quarter ended Dec. 31, Airtel’s African operations reported a 5.3 percent growth in revenue over last year on constant currency basis. (Reporting by Krishna V Kurup in Bengaluru; Editing by Gopakumar Warrier)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below