Bharti Airtel to increase shareholding in Airtel Africa plc by 5% via Airtel Africa Mauritius

Telecom major Bharti Airtel on Friday announced it will increase its shareholding in Airtel Africa plc, a subsidiary company listed in UK, by acquisition of upto 5 per cent stake in one or more tranches during FY 2024-25. The acquisition, it added, will be done through Airtel Africa Mauritius Limited (AAML), a step-down subsidiary of the company. AAML presently holds 57.29 per cent of Airtel Africa plc.