It’s no secret that Airtel as been struggling to stay afloat in the Kenyan market and has been posting losses year in year out
A Bharti Airtel executive recently revealed that they are considering mergers, acquisitions and even exiting some markets in Africa, specifically mentioning Kenya, Rwanda and Tanzania where Airtel hasn’t been performing well
Airtel recently showed interest in acquiring 9mobile, formerly Etisalat Nigeria., a deal that would make it become the largest mobile network in Nigeria slightly ahead of MTN. They are currently competing with another operator called Globacom who are also interested in acquiring 9mobile
Do you think Airtel will exit Kenya and save itself from this misery, or can/will they find a strategic investor to form a merger of some sort?
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