Can Airtel list mobile money unit and avoid $515m liability in six weeks?
Airtel Africa has until July 31 to list its mobile money business or face the prospect of minority investors exercising a $515 million buyback option.
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Airtel Africa has until July 31 to list its mobile money business or face the prospect of minority investors exercising a $515 million buyback option.
Bharti Airtel, the second-largest telecom operator in India, has seen tremendous growth in share price over the last five years. ... Read More
Bharti Group has just confirmed that one of its subsidiarise Airtel Money has started commercial operations. The company will now ... Read More
Synopsis: The share of this company gained attention after CLSA highlighted Airtel Money’s potential US$10 billion valuation and upcoming IPO, which could unlock significant value...
[Daily News] Dar es Salaam -- More than 54 million customers across Africa are now using Airtel Money to save, borrow send and receive money, latest sustainability and corporate re...
The transaction will involve Airtel issuing equity shares to Indian Continent Investment Limited (ICIL), a promoter group entity, on a preferential basis, in exchange for its 16.31...
The IPO size could value Jio Platforms at as much as ₹13 lakh crore ($138 billion), according to ET's calculations. Rival Bharti Airtel's market capitalisation is ₹11.6 lakh crore...
"The company completed the acquisition of 595,204,251 shares (around 16.3% stake) of Airtel Africa, from ICIL on June 22, 2026. Consequently, the company's effective stake in Airte...
Bharti Airtel has announced Rs 20,000-crore investment in non-banking financial company Airtel Money while its data centre Nxtra recently raised $1 billion (about Rs 9,500 crore) a...
Jio's Rs 30,000 crore IPO is a fresh issue with Rs 27,500 crore earmarked for debt repayment. The real question is whether the market will value it as telecom or tech.
Bharti Airtel has announced that its shareholders have approved the company’s proposed transaction to consolidate its stake in Airtel Africa, ... Read More
Synopsis: A record-breaking listing is about to reshape India’s telecom story. As one telecom giant prepares to go public, brokerages are split on what it means for its biggest riv...
Issue size expected to be upwards of $3.8 billion; will be a fresh issue of 27 crore shares.
The company will issue 48 lakh equity shares in the price band of ₹ 178 - ₹ 187 a share
The IPipoO price has been fixed at ₹152.
The move is a major component of the telco’s capital allocation policy, the company, which operates in 14 markets across Africa, stated in a statement on Friday. The post Airtel Af...
(Telecompaper) Jio Platforms has filed its Draft Red Herring Prospectus (DRHP) for the sale of up to 270 million new equity shares, targeting what is anticipated to be India's larg...
The IPO, priced in the range of ₹182-₹192 per share, is entirely an offer-for-sale of up to 3.28 crore equity shares by promoters and an investor-selling shareholder
Investors can bid for a minimum of 132 Equity Shares
Stock will likely list on the stock exchanges next week.
As per BSE, investors placed bids for 2,92,75,44,594 equity shares, or 127.04 times, compared to the 2,30,43,930 equity shares offered.
Addressing the 49th annual shareholder meeting of Reliance, chairman and managing director Mukesh Ambani said the draft red herring prospectus, approved by the board of Jio Platfor...
Jio Platforms is valued at Rs 11.9 lakh crore by analysts, nearly matching Bharti Airtel's entire market cap, including its Africa arm, tower business, and data centres.
Meta, Google, Silver Lake to stay invested as company readies fresh issue of 27 crore equity shares
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