Bharti Airtel In Africa

The company's tender offer to purchase $ 300 million worth of its 5.35% guaranteed senior notes of $ 1 billion due 2024 has commenced from June 21 and will expire on July 19, 2022, Bharti Airtel said

Revenue market share continues to consolidate with Reliance Jio and Bharti Airtel as Vodafone Idea loses 10 million users per quarter

Earlier this week, Moody's Investors Service had placed Bharti Airtel's rating on review for downgrade on low levels of profitability and expectation of weak cash flow

Airtel would, even post IPO, continue to majority own Airtel Africa limited, UK and in turn the African operations

Airtel started registering profits in the March quarter, marking a turnaround in its African business