Bharti Airtel to buy Millicom’s Operations in Rwanda

Bharti Airtel Ltd has entered into a definitive agreement with Millicom International Cellular S.A., under which Airtel Rwanda Ltd will acquire 100% equity in Tigo Rwanda Ltd.

This comes after Airtel’s announcement to merge with Millicom, which operates the brand Tigo, in another African nation Ghana.

    Static/Current Takeaways Important for RBI Assistant Mains 2017 Exam-
    • Rwanda Capital- Kigali, Currency- Rwandan franc.
    Source- The Livemint