100 million African subscribers in next two years: Airtel
November 16th, 2010 - 9:25 pm ICT by IANSNew Delhi, Nov 16 (IANS) Telecom giant Bharti Airtel Tuesday said it is confident of reaching a subscriber base of 100 million in the African market in another two years.
“In two years, we expect 100 million customers mark from the current 40 million in Africa,” Bharti Group chairman Sunil Bharti Mittal told reporters on the sidelines of the India Economic Summit.
Mittal also noted that the call tariff in Africa is still high and there is scope for cutting tariffs. The firm plans to provide lower tariffs while generating higher revenue through high volume.
“I am confident the model of low tariffs and high volumes will work in Africa,” he added.
Mittal told the reporters that the company had also cut mobile phone tariffs in Kenya by about 40-45 percent after acquisition of Zain in order to bring down tariffs to generate high volumes.
Earlier this year, Bharti acquired the African assets of Kuwait’s Zain under a $10.7-billion deal, making it the world’s fifth largest mobile phone services company.
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- Africa deal makes Bharti world's 5th largest telecom firm - Jun 08, 2010
- Bharti to ink final agreement with Kuwait's Zain Tuesday - Mar 29, 2010
- India's Bharti makes grand entry into Africa's telecom market - Mar 31, 2010
- Bharti starts fund-raiser to buy Zain's African assets - May 27, 2010
- Bharti is world's 5th largest telecom firm after Africa deal (Roundup) - Jun 08, 2010
- Bharti starts 40-day talks to acquire Kuwait's Zain - Feb 15, 2010
- Bharti shares open strong after Zain Africa deal - Mar 31, 2010
- Bharti promises more than just telecom services to Tanzania - Jul 22, 2010
- Kuwait's Zain accepts Bharti's offer for African assets - Mar 24, 2010
- Airtel revenue rises in Africa - May 02, 2012
- Centum to provide learning solutions to Airtel in Africa - Dec 07, 2010
- Bharti Airtel quarterly net income decreases 31.46 percent - May 05, 2011
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