The review of Zain Group’s African portfolio has taken place for the better part of this year, though still no definitive agreement has been reached. In much the same way that discussions between MTN Group and Bharti Airtel on a merger have yet to be ratified, do these movements in the African telecoms sector signal a cooling of investor sentiment towards African telecom stocks?
Bharti Airtel is India’s market leader with over 100 million subscribers. However intense competition is likely to change the dynamics of the market in the future