Airtel May Exit African Telecommunications Scene - Phones

Airtel May Exit African Telecommunications Scene - Phones - Nairaland

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Airtel May Exit African Telecommunications Scene by Klaasicworks(op): 11:48pm On Jan 24, 2017

As severe economic crisis hits most parts of Africa, Airtel may decide to exit Africa.

According to Bloomberg, Airtel “ is considering mergers or stake sales at some of its Africa operations as it looks to cut debt and make its biggest overseas acquisition profitable.”

At the World Economic Forum in Davos, Mr. Mittal, the chairman of Bharti Airtel, said this process would be completed within a year and would affect some of Bharti’s businesses in 15 African nations, including Nigeria.

It's been a very bad year for Airtel. They lost $91 million in the quarter of September 2016.

In order to reduce the debt, Airtel is considering selling a stake in Bharti Infratel Ltd., its tower unit. A committee was studying whether the sale would be a minority stake or control of the tower unit and a decision could be taken in a month.

One question comes to my mind though?

Is this why Airtel refused to roll out 4G service with other Nigerian Telcos. They were planning to leave. What do we have here

From Econet it changed Vmobile Then Celtel, not to forget Zain To Airtel.

Source http://www.naijatechguy.com/2017/01/airtel-may-exit-african.html?m=1

https://cdn.gdn.ng/wp-content/uploads/2016/05/Bharti-Airtel.jpg

1 Like

Re: Airtel May Exit African Telecommunications Scene by chris4gold(m): 11:55pm On Jan 24, 2017

we ssy bye bye in advance

13 Likes

Re: Airtel May Exit African Telecommunications Scene by CLASSMAN: 3:23am On Jan 25, 2017

Again

Re: Airtel May Exit African Telecommunications Scene by Turks: 6:21am On Jan 25, 2017*

Lol. In other words, they're About to change name yet again.

8 Likes

Re: Airtel May Exit African Telecommunications Scene by sanandreas(m): 7:14am On Jan 25, 2017

Re: Airtel May Exit African Telecommunications Scene by veekid(m): 7:41am On Jan 25, 2017

Summary is Airtel is having a new name soon

10 Likes

Re: Airtel May Exit African Telecommunications Scene by SexyNairalander: 7:42am On Jan 25, 2017

booked

Re: Airtel May Exit African Telecommunications Scene by femi4: 7:43am On Jan 25, 2017

Dead network

From Econet>>Vmobile>> Celtel>>Zain>> Airtel

11 Likes

Re: Airtel May Exit African Telecommunications Scene by wristbangle: 7:44am On Jan 25, 2017

This serious. From Econet to V mobile to Celtel to Zain to Airtel to what self again.. maybe Recessiontel

Prof Lalasticlala, day don break. Airtel is about to leave cry

31 Likes 4 Shares

Re: Airtel May Exit African Telecommunications Scene by Nobody: 7:44am On Jan 25, 2017

So all the brand ambassador contracts go follow join? Sad

1 Like 1 Share

Re: Airtel May Exit African Telecommunications Scene by akandry: 7:45am On Jan 25, 2017

Oya pack and go and change your company's name tongue

Re: Airtel May Exit African Telecommunications Scene by DIKEnaWAR: 7:45am On Jan 25, 2017

Please I beg them in the name of God to stay. My cheapest tariff network.

huh

7 Likes

Re: Airtel May Exit African Telecommunications Scene by profeoo(m): 7:45am On Jan 25, 2017

I have nothing to say

Re: Airtel May Exit African Telecommunications Scene by legendary4luv(m): 7:46am On Jan 25, 2017

oh no!!!! not again!!!! BUHARI WHY huh

1 Like 1 Share

Re: Airtel May Exit African Telecommunications Scene by Nobody: 7:46am On Jan 25, 2017

Econet wireless>V Mobile>Celtel>Zain>Airtel

Now they want to exit finally. Issokay!!

1 Like

Re: Airtel May Exit African Telecommunications Scene by Genea(f): 7:46am On Jan 25, 2017

Mmmmmmm the worst is yet to come

Re: Airtel May Exit African Telecommunications Scene by princemillla(m): 7:47am On Jan 25, 2017

Good riddance - they've never been useful on my side

2 Likes

Re: Airtel May Exit African Telecommunications Scene by Besto(m): 7:47am On Jan 25, 2017

Last time i checked i just used this forsaken network just to receive owning to it being my 1st number way back

Re: Airtel May Exit African Telecommunications Scene by idupaul: 7:47am On Jan 25, 2017

Buhari's poor leadership definitely has a hand in this

2 Likes

Re: Airtel May Exit African Telecommunications Scene by Rushmore(f): 7:50am On Jan 25, 2017

They should wait let me exhaust the data i just bought. That network is like a serial divorcee,they keep changing husbands everytime!

1 Like

Re: Airtel May Exit African Telecommunications Scene by Horlufemi(m): 7:50am On Jan 25, 2017

DIKEnaWAR:
Please I beg them in the name of God to stay. My cheapest tariff network.

Have you tried Glo? cheap data and tariff join together

1 Like

Re: Airtel May Exit African Telecommunications Scene by fatdick(m): 7:51am On Jan 25, 2017

Good riddance..

Re: Airtel May Exit African Telecommunications Scene by princeakins(m): 7:52am On Jan 25, 2017

idupaul:
Buhari's poor leadership definitely has a hand in this

Now I know we're your problem lies. Smh

2 Likes

Re: Airtel May Exit African Telecommunications Scene by Ermacc: 7:52am On Jan 25, 2017

this is bad news, if air tel leaves, Mtn will have one less competition and will massively exploit customers

5 Likes

Re: Airtel May Exit African Telecommunications Scene by Delightbaby(f): 7:53am On Jan 25, 2017

Which means their will be change of name soon. We are waiting.

Re: Airtel May Exit African Telecommunications Scene by beautycrush24(f): 7:54am On Jan 25, 2017

Biko make them do dey go. When will that yeye Mtn follow them? Infact, they should all leave.

Re: Airtel May Exit African Telecommunications Scene by penzino(m): 7:54am On Jan 25, 2017

The best internet service we have right now huh

4 Likes

Re: Airtel May Exit African Telecommunications Scene by Nobody: 7:56am On Jan 25, 2017

Of all the networks they're still the best when it comes to customer care, good network, good and fast internet data services etc. There's never a time I call their customer care service that I don't get to speak with an actual agent. Always!

I hope they can come around with a plan that will make them stay.

Been using Airtel since 2009 and I have only one phone line.

I'll definitely miss Airtel If they leave.

15 Likes

Re: Airtel May Exit African Telecommunications Scene by Clarinett(m): 7:58am On Jan 25, 2017

My dear Bharti Airtel, please dont go

4 Likes

Re: Airtel May Exit African Telecommunications Scene by otokx(m): 7:59am On Jan 25, 2017

Did they also do MMM?

5 Likes

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