Bharti Airtel ups stakes in Nigeria amid fresh legal battle

by | March 19, 2013 4:09 pm

India’s Bharti Airtel with revenue of $ 14.49 billion in 2012, has acquired additional 13.36 percent stake in its Nigerian entity, through its wholly owned subsidiary, Airtel Nigeria, amid legal battles many analysts argue constitute a huge threat to the viability of the business. These stakes has been acquired from “certain existing shareholders”, the company…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe