Bharti Airtel Zambia Investment To Cross $150 Million

Bharti Airtel, one of India’s leading telecom service providers that is currently the world’s fifth largest network in terms of the number of subscribers has said that the carrier will be investing over $150 million in Zambia to improve the network’s infrastructure in the country. This was informed by Manoj Kohli, the recently appointed CEO […]

Bharti Airtel, one of India’s leading telecom service providers that is currently the world’s fifth largest network in terms of the number of subscribers has said that the carrier will be investing over $150 million in Zambia to improve the network’s infrastructure in the country. This was informed by Manoj Kohli, the recently appointed CEO of Bharti Africa. The investment is expected to spread over the next 2 to 3 years.

Bharti Airtel completed its $9 billion acquisition of Zain Africa earlier this month. Despite the landmark acquisition, the network still lags behind MTN when it comes to the spread. However, Bharti Airtel is now the largest carrier in the Zambian market and is expected to consolidate this position by investing further in the infrastructure. The company has close to 3 million subscribers in Zambia.