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Airtel Plans Sale of Subsidiaries’ to Boost Nigerian Operations

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Bharti Airtel has commenced final talks to sell four of its African subsidiaries to France’s Orange SA for $1bn (N197bn) in order to consolidate its stake in Nigeria.

After the sale, which should be completed before the end of this year, the company plans to plough about $700m (N138bn) – more than one-third of the funds – back into its investments in Nigeria.

The decision to sell the four subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone, our correspondent learnt on Wednesday, had to do with the company’s inability to become the dominant operator since its entry into Nigeria in 2010.

It was gathered that this had been dragging the carrier’s consolidated financials, which had kept it at a distant third behind MTN and Globacom.

“Bharti Airtel is looking to sell its operations in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone,” an employee in the Corporate Communications Department of Airtel Nigeria confided in our correspondent.

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The Airtel employee, who said he was not officially authorised to speak to journalists, said the four countries in question roughly contributed between $650m (N128.02bn) and $660m (N130bn) to Airtel Africa’s top line of $4.71bn (N927.63bn) as of the end of March this year.

“Earnings before interest, taxes, depreciation and amortisation for the four countries were close to $180m (N35bn) in the period under review,” he said.

Bharti Airtel confirmed the deal in a statement, “Orange and Airtel have entered into an exclusive agreement to explore the acquisition by Orange of Airtel’s subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone.

“Africa has long been a drag on Bharti’s overall performance, often offsetting the healthy growth numbers the company registered in its Indian operations.”

Bharti Airtel is the world’s third-largest telecoms firm and has operations in 17 African countries.

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With operations in 29 countries, it reported a total customer base of 247 million worldwide as of March 31, 2015, including 188 million mobile customers and 16 million fixed broadband customers.

The firm currently has 29.5 million subscribers in Nigeria and about 17.6 million Internet users.

ETTelecom.com stated that Airtel’s net loss in Africa for the fiscal fourth quarter of the year ended March 2015 widened to $183m (N36.04bn) from $105m (N20.68bn) a year back, hurt by foreign exchange losses.

It stated that the company’s Africa revenue had dropped by 12.6 per cent in the quarter ended March 2015 to $1bn over the previous year’s $1.14bn.

According to ETTelecom.com, growth was limited by currency depreciation of 18.4 per cent, in reported currency terms. The company has 76.3 million subscribers in Africa that grew by 9.8 per cent year-on-year.

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Bharti Airtel had purchased Kuwait-based Zain Telecom’s African operations across 17 countries for $10.7bn; a sum industry players said was hefty for the loss-making operations.

The company has been unable to turn around operations in Africa despite appointing a new head, Christian De Faria, last year.

Bharti Airtel in February had denied talks with Orange over any potential sale. Orange, formerly known as France Telecom, recorded revenue of €39bn in 2014.

With operations in 29 countries, it reported a total customer base of 247 million worldwide by March 31, 2015, including 188 million mobile customers and 16 million fixed broadband customers, with sources saying that Orange would be more interested in the Francophone operations of Bharti, and not the East African subsidiaries.

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Surge in Fibre Cuts Hobbles Service Provisioning

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Nigeria’s telecom operators recorded 155, 397 fibre-cut incidents between April and May 2026, and these they blame on why  internet or calls suddenly stop working.

Surge in Fibre Cuts Hobbles Service Provisioning

 

Data from the Nigerian Communications Commission (NCC) showed fibre-cut incidents increased from 74 276 in April to a record 79 121 in May, bringing the two-month total to the highest level recorded by the industry.

This represents a 2 428% increase from the 5 934 incidents reported during the first quarter of 2026.

Vandalism remained the leading cause of fibre cuts, accounting for more than 54 000 incidents despite telecom infrastructure being designated as Critical National Information Infrastructure, a classification intended to strengthen protection of key digital assets.

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Also road construction constantly damages fiber where iggers and machines tear up buried cables during road repairs or construction.

Even with all these, some state governments make it hard for companies to fix cables quickly across different areas with all manners of fees and levies.

The NCC designation provides for penalties of up to 10 years’ imprisonment for offenders, but operators continue to face widespread infrastructure damage.

Proposed solutions, including Nigeria’s Dig-Once policy and AI-powered fibre sensing technologies, have yet to achieve widespread adoption.

The NCC is developing a cost-based framework for shared underground duct infrastructure, while operators are exploring AI-powered fibre sensing technologies that can detect cable damage in real time and improve network resilience.

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Nigeria is pursuing ambitious broadband targets under its National Broadband Plan and has expanded fibre deployment to about 35 000 kilometres.

However, infrastructure protection has not kept pace with network expansion, leaving subscribers vulnerable to unreliable connectivity despite continued operator investment.

 

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Helios Towers Secures $29m Facility to Expand Across Africa

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Standard Bank has partnered with Helios Towers to provide a $29 million Social Documentary Credit Facility. According to the financial services company, this transaction marks Standard Bank’s first Documentary Credit Facility structured in a Sustainable Finance format.

It notes that the facility will support the procurement and importation of telecommunications infrastructure and related services across Africa.

It will also provide payment certainty to suppliers, while supporting Helios Towers’ working capital requirements and infrastructure expansion programme, the bank adds.

Structured in accordance with the Loan Market Association’s Social Loan Principles, the financing is designed to promote digital connectivity and telecommunications infrastructure development in underserved markets.

This will help Helios Towers further expand its footprint and enhance mobile network coverage and connectivity across the continent.

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Helios Towers operates one of Africa’s independent telecommunications tower platforms, enabling mobile network operators to extend coverage across multiple markets.

Standard Bank notes that the facility supports the expansion of tower infrastructure and services, increased network densification and improved connectivity in underserved markets and remote regions across the African continent.

It will also drive digital inclusion and tackle the digital divide while supporting economic growth and socio-economic development.

“This transaction demonstrates the power of innovation in trade finance. By combining a first-to-market Social Documentary Credit Facility with a cross-border funding solution, Standard Bank has supported Helios Towers’ growth ambitions while helping extend digital connectivity to underserved communities across Africa,” says Benoit Samouilhan, global transaction banker at Standard Bank Corporate and Investment Banking.

According to the bank, this facility enables positive social impact by increasing and improving network coverage and connectivity in some of the world’s most remote regions.

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“Reliable digital infrastructure is fundamental to Africa’s future growth and development,” says Alex Carter, group finance director at Helios Towers.

“This facility provides us with the flexibility and certainty needed to support our ongoing infrastructure investments while advancing our mission of expanding connectivity across the continent. We value our longstanding relationship with Standard Bank and look forward to building on this partnership.”

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NCC Begins Stakeholder Consultation on MVNO Business Rules

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Nigerian Communications Commission (NCC) will on Thursday convene a stakeholders’ consultative forum to review the draft business rules for Mobile Virtual Network Operators (MVNOs) in Nigeria.

NCC Begins Stakeholder Consultation on MVNO Business Rules

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The forum, scheduled to hold at 10 a.m. at the NCC Annex Office, Mbora, Abuja, is expected to bring together telecommunications operators, industry associations and other stakeholders to provide input on the proposed regulatory framework before its finalisation.

The commission announced the event on its official social media platforms, inviting interested stakeholders to participate in the consultation process.

The engagement is part of the NCC’s efforts to strengthen the regulatory framework for MVNO operations and promote greater competition, innovation and consumer choice in Nigeria’s telecommunications sector.

Mobile Virtual Network Operators are telecommunications service providers that offer mobile services by leasing network capacity from licensed Mobile Network Operators (MNOs), rather than owning spectrum licences or telecommunications infrastructure.

The NCC has identified the MVNO licensing framework as one of its initiatives aimed at deepening competition, expanding access to telecommunications services and driving digital inclusion across the country.

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The consultative forum is expected to provide stakeholders with the opportunity to review the draft business rules, make recommendations and contribute to the development of a robust operational framework for the emerging MVNO segment.

The commission is expected to issue further details on the outcome of the consultation after the meeting.

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