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Airtel Africa Ltd’s planned initial public offering on the London Stock Exchange is expected to price at 80 pence, the bottom end of its indicated price range, one of the bookrunners handling the sale said.
Airtel Nigeria has officially filed an application with the Securities and Exchange Commission for the listing of its shares on the Nigerian Stock Exchange.
Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania and other telecom executives with economic crimes, court documents seen by Reuters showed.
Uganda’s biggest telecommunications company MTN has denied government accusations it has been understating its revenues, insisting that it was fully meeting all its tax obligations.
Niger orders closure of Airtel offices in the country over unpaid taxes of 107 million dollars
Nigeria announced last month that it would allow telecom companies to provide banking services, aiming to give millions of Nigerians without bank accounts access to so-called mobile money services, a policy that has been very successful in Kenya.
Bharti Airtel Limited may delay its planned Initial Public Offering (IPO) of its Africa unit due to the turmoil in emerging-market stocks, a source close to the company said.
Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, said on Wednesday it had raised $1.25 billion from six global investors including SoftBank Group Corp, Warburg Pincus LLC and Temasek Holdings (Private) Ltd.
Confusion has again hit the bid for 9Mobile as the communications sector regulator, Nigerian Communications Commission (NCC), Wednesday said it had ordered fresh due diligence on the preferred bidder selected for the telecom firm.
Subscribers of the 9mobile network in Abuja have appealed to the Telelogy, the new owner to ensure that it improves the Quality of Service for customers’ satisfaction.
Teleology Holdings Ltd., says it is transferring a non-refundable completion deposit of 50 million dollars to the trustees of the bank syndicate presently holding ownership of 9Mobile.
MTN’s slow pace at completing a planned listing on the Nigerian Stock Exchange (NSE) may see rival and leading telecommunications company, Bharti Airtel International (BAIN) overtake it.
The sale process of 9mobile, formerly known as Etisalat, hit a new turn on Tuesday as Bharti Airtel and Helios Investment Partners LLP petitioned industry regulators over alleged “irregularities”.
India on Thursday began investigating a report that access to its database of the identity details of more than 1 billion citizens was being sold for just $8 on social media, in what could be one of the giant program’s biggest security breaches.
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The Osun Police Command has arrested one Teslim Raji, also known as Akerele, and his accomplice, Femi Bamidele, for alleged serial killings, kidnappings and gun running, within the Ikire axis of the state.
The National Chairman of the Peoples Democratic Party, Uche Secondus, has commiserated with the victims of Wednesday’s fire outbreak in Ochanja Market, Onitsha, Anambra.
The Kaduna State Police Command, said the Police Academy Wudil will begin the screening of candidates for the 7th Regular Course on Oct. 24.
The running mate to Governor Yahaya Bello in the November 16 governorship election for Kogi State, Edward Onoja, will be sworn in on Saturday as the new Deputy Governor of the state.
The Governor of Kaduna State, Nasir El Rufai, has been appointed as chairman of the All Progressives Congress (APC) Campaign Council for Kogi State polls.
A Federal High Court sitting in Kano has struck out a suit seeking the sack of Dr. Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service.
Ogun State Governor, Prince Dapo Abiodun, has commiserated with the family, management and staff of the Nation Newspaper over the death of Mr. Dele Agekamah who passed on Friday night at the age of 60.
President Muhammadu Buhari’s pronouncement on Thursday for a forensic audit to be undertaken on the operations of the Niger Delta Development Commission (NDDC), has continued to attract commendation from stakeholders from the region.
A commuter airplane carrying 42 people, including a high school swimming team, went off the runway while landing at a small Alaska community on the Bering Sea.
The National Union of Petroleum and Natural Gas Workers (NUPENG), has raised the alarm over the worsening state of roads , especially Federally owned ones across the country. This was even as it condemned the rising wave of harassment of its members by touts, popularly called area boys.