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Airtel Africa's Dutch hold-company completes $550 million bond repayment

During Airtel Africas IPO back in June 2019, the (Airtel Africa) Group had $2,719 million of external debt at the HoldCo level, which had resulted in significant exposure to currency fluctuations and the reliance on upstreaming funds to cover both interest costs and the principal repayment. ....

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Business News | Bharti, Jio and Vodafone Are Final Bidders for 5G Spectrum Auction Worth Rs 96,317 Crore: DoT

Get latest articles and stories on Business at LatestLY. The Department of Telecommunications has released the list of final bidders for the spectrum auction in various band categories. The department has named Bharti Airtel Limited, Vodafone Idea Limited, and Reliance Jio Infocomm Ltd as the final bidders in the spectrum auction of 10,523.15 MHz of 5G airwaves worth Rs 96,317.65 crore in eight key bands. Business News | Bharti, Jio and Vodafone Are Final Bidders for 5G Spectrum Auction Worth Rs 96,317 Crore: DoT. ....

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SpaceX Starlink Emerged as Nigeria's Third-Largest ISP in Q4 2023

SpaceX Starlink Emerged as Nigeria's Third-Largest ISP in Q4 2023
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Airtel boss bemoans poor 5G returns

The CEO of India's second-biggest telco echoes concerns heard elsewhere about 5G monetization. ....

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