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Airtel Africa is the holding firm for Bharti Airtel’s operations in 14 countries as of May 2021, with Nigeria alone accounting for almost half of its earnings before interest, tax, depreciation and amortisation (Ebitda). (MINT)
Investment

Billionaire Mittal’s Firm Sells Airtel Stake Worth $976 Million

By Steve UMIDHA

By Monica MUEMA

A unit owned by billionaire-founder Sunil Bharti Mittal sold shares worth $976 million in India’s No.2 wireless carrier, as the first-generation entrepreneur seeks funds for newer opportunities.

Source: https://www.bloomberg.com/news/articles/2025-02-18/billionaire-mittal-s-firm-sells-airtel-stake-worth-976-million

 

Steve UMIDHA 4590 posts 1 comments

Steven Umidha is a data and financial journalist with over 14 years of work experience in journalism and communication.

He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.

Besides being the Founder of Financial Fortune Media, Umidha has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.

He can be reached on: Email: info@financialfortunemedia.com
Cell: +(254)726-879-488

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