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"It should be much more. We should be at least $1.2 billion of EBIDTA by that time (at the time of listing) but this will be market that will decide," Gupta told reporters here.
The board of Bharti Airtel's Netherlands based unit, BAIN BV, which controls Africa operations, has approved listing of its shares on a global stock exchange.
The company offers 3G services, Airtel Money across all the 14 countries and 4G services in 4 countries of Africa. As on December 31, 2017, the company reported having 84.13 million customers in Africa.
Gupta said London Stock exchange is one of suitable bourse for the listing of the business but bankers will take a final call on listing.