14 Facts About Airtel Africa


Airtel Africa plc is a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa.

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Airtel Africa is majority owned by the Indian communication services company Bharti Airtel.

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Airtel Africa offers mobile voice and data services as well as mobile money services both nationally and internationally.

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In May 2008, it emerged that Airtel was exploring the possibility of buying the MTN Group, a South Africa-based telecommunications company with operations in 21 countries in Africa and the Middle East.

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In May 2009, Airtel Africa confirmed that it was again in talks with MTN and both companies agreed to discuss the potential transaction exclusively by 31 July 2009.

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Airtel Africa said "Bharti Airtel Africa Ltd is pleased to announce that it has renewed its effort for a significant partnership with MTN Group".

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Bharti Airtel Africa completed the acquisition of on 8 June 2010, making Airtel Africa the world's fifth-largest wireless carrier by subscriber base.

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On 18 November 2010, Airtel Africa rebranded itself in India in the first phase of a global rebranding strategy.

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Airtel Africa unveiled a new logo with 'airtel' written in lower case.

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Bharti Airtel Africa was awarded a licence to operate mobile services by the Rwanda Utilities Regulatory Agency in September 2011.

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Airtel Africa operated as Airtel-Tigo following the merger, until it was rebranded as Airtel Rwanda in January 2020.

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In January 2016, Airtel Africa announced that it had entered an agreement to sell its operations in Burkina Faso and Sierra Leone to Orange.

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In March 2021, Airtel Africa sold an undisclosed minority fraction of its Airtel Money business, to San Francisco-based private equity firm TPG Capital, at a contract price of US$200 million.

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Shortly after, in early April 2021, Airtel Africa sold an additional undisclosed minority stake of Airtel Money to Mastercard for US$100 million.

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