Friday, 28 July 2017

Bharti Airtel Plans To Own and Buy Over 9mobile Operators

Bharti Airtel Is considering to buy over 9mobile Formally known as Etisalat. This means that Bharti is trying to take over among other Telcos. There are strong indications that Bharti Airtel will emerged as a potential bidder for Etisalat (officially known as 9mobile), as the Indian company is looking to boosts its assets in Nigeria.


Ever since Airtel bought Zain Group’s sub-Saharan African asset, it is not still yet among the top two operators in the country. Bharti airtel Market in Nigeria is generating about 30% of its revenues and buying 9mobile would see it overtake Globacom and give the company chance to compete with leader MTN.

France's Orange mobile and United Kingdom Vodafone's had earlier emerged as 9mobile potential bidders. If you recall that the two companies were said to be in strong running to buy 65% of the telco but Vodafone lost the opportunity to operate in Nigeria as the company turned down request by the Bureau of Public Enterprises (BPE) to buy the NITEL in the days of GSM.

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