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Airtel to give Tanzania bigger stake in local telecom unit
short by Krishna Veera Vanamali / on Saturday, 12 January, 2019
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.
read more at Reuters