Bharti Airtel Nigeria buys 13.36% more stake in Airtel Network
"Bharti Airtel Limited has announced that its wholly-owned subsidiary, Bharti Airtel Nigeria B.V., has acquired an additional (around) 13.36 equity stake in Airtel Networks Limited, Nigeria from certain existing shareholders," Bharti Airtel said in a statement.
"With this acquisition, Bharti Airtel Nigeria B.V. Now owns 79.06 per cent equity stake in Airtel Networks Limited, Nigeria," it added.
Airtel Network Limited holds telecom licence to provide services Nigeria.
However, financial details of this transactions was not disclosed by the company.
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