View Full Version : Bharti's Africa ops to be set up in Nairobi


desert burner
April 1st, 2010, 05:39 PM
Bharti Airtel Limited will base its Africa headquarters in Kenya's Nairobi, a company executive Mr Manoj Kohli, chief executive of international operations was quoted on Dow Jones Newswires, Thursday.

This is likely to be the current Zain Africa Headquarters based in Nairobi, as the Indian Telecoms giant moves to finalise regulatory approvals to the deal.

Bharti Airtel, this week sealed a deal to buy the assets of Zain in 15 African countries, excluding Morocco and Sudan.

The company has set up a special vehicle company registered in Amsterdam to complete the deal.

After the deal, which will transform the company into the world's fifth largest operator, it will have presence in 18 countries, including Sri Lanka and Bangladesh, with 179 million customers.

"We're in the process of finalising the organisational design and the senior management...I think all this should be done within a month," Mr. Kohli told Dow Jones Newswires.
http://www.nation.co.ke/business

/news/Bhartis%20Africa%20ops%20to%20be%20set%20up%20in%20Nairobi/-/1006/891014/-/p7yt1vz/-/index.html

Kenguy
April 1st, 2010, 09:33 PM
:)

jeniferdesauza
April 10th, 2010, 05:08 AM
Bharti Airtel is now waiting for regulatory approval in each of the countries to formally close the deal. The company is also in the process of finalising organisational structure and senior management. The deal will see Bharti Airtel become the world's fifth-largest mobile operator with a customer base of some 179 million. It will have operations across 18 countries.

Simfan34
April 10th, 2010, 05:13 AM
Nairobi? Grrr....

desert burner
April 10th, 2010, 07:48 AM
Nairobi? Grrr....

nothing new as usual :cheers:

maasai1
April 14th, 2010, 12:30 PM
Nairobi? Grrr....

I think that Ethiopian govts strict control on telecommunication sector hinders development of the sector and keeps investors away. With a much larger population than kenya, it has far less registered mobile phone users than kenya. Hence the choice of Kenya for the Bhartis.
:)