Airtel which
is Africa's second largest mobile phone operator has confirmed today, plans to
float on the LSE (London Stock Exchange).
The second largest mobile operator in Africa, has its bull’s eye
target of a £3.6bn valuation for its IPO by the 28 June.
The group which set its price range for float at between 80p and
100p per share, seems to have made all required calculations as to meet its
intents and gain grounds in the stock market.
Bharti
Airtel,an Indian telecommunications giant happens to own this ground record
breaking telecoms and mobile money business across 14 African countries.
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