Home Business African cell phone organization confirms £3.6bn London IPO

African cell phone organization confirms £3.6bn London IPO

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Africa’s second premier cell telephone operator Airtel Africa Monday verified plans to float on the London Stock Trade.

It is really concentrating on a £3.6bn valuation for its IPO on 28 June.

The group has set its selling price array for the float at in between 80p and 100p for every share.

Airtel Africa also mentioned it intends to list its shares on the Nigerian Inventory Exchange at the same time as the London listing.

The enterprise, which is owned by Indian telecommunications huge Bharti Airtel, operates a telecoms and mobile revenue business throughout 14 African nations around the world.





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