Wednesday, May 12, 2010

Bharti Airtel facing challenges on African safari


India’s biggest telecom operator is geared up to debut its money-spinning Minute Factory in Africa. Bharti Airtel has clicked a deal to buy the Kuwaiti Telecom Zain which has operations in 15 countries of African continent, including 42 million subscribers. The USD 9 billion deal has made Bharti the second largest telecom operator in Africa, joining an elite group of operators that have a presence in over 18 countries and a subscriber base of 179 million. But will the top operator of India be able charm a whole continent, a market which has challenges that are unlike those they have faced on the home front?Read more.

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