Bharti Airtel mulls listing African unit on London bourse

Sunil Bharti Mittal, Airtel chairman. file PHOTO | NMG

Indian telecoms giant Bharti Airtel it is considering listing its Africa unit on the London Stock Exchange, in a plan that is expected to boost the mobile operators business in the region.

Bharti Airtel earlier this month wrote to the National Stock Exchange of India saying that the board of its Dutch subsidiary, Bharti Airtel International, the holding company for the Africa businesses, had authorised “non-binding exploratory discussion” on the “possibility/feasibility of listing its shares on an internationally recognised stock exchange”.

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