@KulaRaha good questions, but bear in mind that by Dec 2009, Zain Kenya had the worst subscriber growth (-32%) of entire Zain Africa resulting in an impairment in the financials for the group - full year loss at ~$37m as at that time - Ghana and Nigeria had bigger losses in absolute amounts though
Reuters: Africa margins a worry, Bharti Head of Operations
http://af.reuters.com/article/t...OE6A900D20101110?sp=true"But profits from Africa are very low and they may be garnering market share there at the cost of overall profit turnaround."Twitter: @alykhansatchu
#Bharti intl ops head said no intention of African Mobile Price War That's after #Safaricom won the initial Kenya Skirmish
Make that #Bharti said they may pre-pay $800-900 million of the Africa acquisition debtVerdict:Bharti overall has been losing market share in India, now at 20.8 percent compared to 23.4 percent a year ago.
With concerns on Africa strategy, since this whole Kenya deal may be living on "borrowed time"