Africa listing positive for Bharti Airtel, will help firm to take on RJio

Bharti Airtel International Netherlands’s (BAIN’s) decision to look at a possible listing for its Africa operations might be positive for Bharti Airtel. 

While it would not bring about any changes in the Africa operations, a listing will help Airtel raise additional funds. 

The decision would also provide international investors an opportunity to gain exposure in the African market. 

Africa accounts for 20-25 per cent of Bharti Airtel’s consolidated revenues and operating profit. 

An analyst with a foreign brokerage said, “As was the case with Bharti Infratel, a listing followed by paring of stake will help Bharti Airtel to raise money to reduce debt, fund