Sunil Mittal bets $2.9 billion that Africa is the next decade's biggest telecoms story
Bharti Airtel's board has approved a $2.9 billion share swap lifting founder Sunil Mittal's stake in Airtel Africa to 79%, with 90% the eventual target.
Bharti Airtel
Indian billionaire Sunil Mittal’s firm spends $115 million to increase interest in Airtel Africa
Mittal, the chairman of Bharti Airtel, has cemented his position as one of the world’s wealthiest individuals, with a net worth of $15.4 billion.