Tag: Africa

  • Airtel changes clothes, launches 3G

    Bharti Airtel, India’s leading telcom provider has changed its Logo and the Signature tune following its intention to launch 3G services in India. Airtel won 3G licences in 13 telecom circles of India: Delhi, Mumbai, Andhra Pradesh, Karnataka, Tamil Nadu, Uttar Pradesh (West), Rajasthan, West Bengal, Himachal Pradesh, Bihar, Assam, North East, Jammu & Kashmir. Bharti is expecting to launch its 3G service by December 2010

    New Logo of Airtel v/s Old Logo
    New Logo of Airtel v/s Old Logo

    Coupled with the re-branding of Zain’s assets in Africa, Bharti Airtel will also re-brand in Sri Lanka and Bangladesh, with no clarity of how it will re-brand its operations in Channel Islands where it is known as Airtel – Vodafone. The Branding in Channel Islands is largely following the Vodafone ideology and hence, only a Logo Change is expected. (more…)

  • Bharti Airtel closes on Kuwaiti Zain assets

    Bharati Airtel’s hunt for inorganic growth this time around has come to an halt at the Kuwait based Zain group’s assests in the African continent excluding Sudan and Morocco. This move comes after facing two failed deals with African major MTN, whose deal size would have ranged from 20 to 25$ billion.

    Reports suggest that Bharati is offering 10$ Billion for all of Zain’s assets except Morocco and Sudan. The valuations are out there with out any supporting evidence of the actual value and the premium justification. Bharati says that it values the Zain assets at $12 Billion which seems absurd.