Airtel to give Tanzania bigger stake in local telecom unit

India's Airtel has agreed to give part of its stake in Airtel Tanzania to the government, raising the East African nation's holding to 49% from 40%. The announcement followed talks between President John Magufuli and Airtel Chairman Sunil Mittal to resolve a dispute over Airtel Tanzania's ownership. Magufuli said that Airtel had also agreed to pay dividends to the state.

Load More