The executive board of Bharti Airtel has approved the $9 billion bid it is expected to make next week for Zain’s African wireless assets, Bloomberg reported yesterday.
If the deal goes through Bharti, India’s largest wireless carrier, stands to gain up to 42 million new subscribers across 15 countries in Africa.
It would mark the third attempt to enter Africa after failed efforts to merge with South African operator the MTN Group.
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