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Does Reliance want to take on Airtel in Africa?
May 29, 2024
Discover the battle between Reliance and Airtel in Africa's telecom sector. Learn about Airtel's rise in the market and Reliance's partnership with Ghana for internet infrastructure. Compare Airtel's services to Reliance's open infrastructure approach and Ghana's digitalization goals by 2030.
05:49
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Quick takeaways
- Airtel faced challenges but found success in Africa telecom markets, acquiring Zain's operations and achieving profitability.
- Reliance's partnership with Ghana focuses on broadband infrastructure development, aiming to enable digitalization and revenue growth in Africa.
Deep dives
Airtel's Expansion in Africa
Airtel's journey into Africa's telecom market started with a bold move to bid for a license in Botswana, followed by attempts to acquire MTN and the eventually successful acquisition of Zain's African operations for $9 billion. Facing regulatory challenges, currency issues, and heavy debt burdens initially, Airtel turned the African unit around, becoming profitable by 2018 and holding significant market share in 13 out of 14 markets.
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