Bharti Airtel to acquire Telecom Seychelles

Bharti Airtel has announced the acquisition of Telecom Seychelles at a cost of Sh4.9 billion. This means the Indian telecommunication company is now present in 16 African countries.

“We are delighted at the addition of Seychelles to our Africa portfolio. These operations will benefit further by leveraging the efficiencies of scale of our African operations,” announced Mr Manoj Kohli, CEO (International) & Joint managing director, Bharti Airtel

Telecom Seychelles began its operations in 1998 by launching mobile services.