As the Deal is Closed, Africa Welcomes Bharti, Good Bye Zain!

8 Jun, 2010

For some it is a sad day, for others it is a new endeavor, today Indian conglomerate Bharti has officially closed its deal with Kuwait based  Telecom operator Zain, with its acquisition of all Zain’s mobile operations in 15 countries across Africa for an valuation of USD10.7 billion. Zain’s African covered 15 countries with a total customer base of over 42 million.

With this deal Zain is no longer the crown jowl of  the Arab Telecom Industry.

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  1. AM  |  June 20th, 2010 at 11:08 PM #

    Bharti taking over Zain will be terrible news in the long term for Africa, and more so, for the Muslim world. Bharti is headed by Sunil Mittal, a and known fascist supporter and Muslim hater. Mittal is known to be close to politicians in India who are accused of mass murder of Muslims (and persecution of christians) in India. Mr. Mittal had strongly campaigned for Narendra Modi to be installed as PM. Modi, who is, the CM of Gujarat state, is accused of the genocide of thousands of Muslims in 2002- the pogrom was accompanied by crimes of extreme brutality and sexual violence against women and little children. Mr. Mittal still openly supports Modi and is mum when asked about the massacres. Considering Mittal’s views, I’ll be surprised if Bharti treats the local African or Muslim with any respect at all.

    A couple of links (you can find many more):

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