Airtel to exit Ghana , Nigeria this year.
Bharti Airtel, the mother company of Airtel Ghana has announced that it will be exiting 14 African countries including Ghana within a year.
The affected countries include Ghana, Nigeria, Congo, Chad, Gabon, Kenya, Madagascar, Malawi, Niger, Rwanda, Seychelles, Tanzania, Uganda and Zambia.
BloombergQuint quotes Bharti Airtel Chairman Sunil Bharti Mittal as saying "the move would pare the size of operations in the continent and could be completed within a year...some of Bharti’s businesses in 14 African nations would be affected". This confirms earlier rumors that Airtel and Tigo will merge in Ghana this year and will be taken over by a French telecom giant, Orange.
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