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Bharat Airtel looks to IPO, buyouts to consolidate position in Africa

The 3G, 4G data and m-Commerce (Airtel Money) services are the next growth engines for the company in Africa.

Bharti Airtel, Airtel
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Airtel has partnered Karbonn Mobiles to offer a 4G smartphone at an "effective price" Rs 1,399

Megha Manchanda New Delhi
Bharti Airtel is looking to consolidate its position as the market leader or emerge as a strong number 2 in 14 African nations, where the company has a presence, via inorganic growth by going for buyouts and mergers. 

It, according to sources, is also planning to enter other markets in the region and come up with an initial public offering (IPO) for its Africa unit in six months.

The company was recently in news for its plan to acquire a stake in Telkom Kenya and challenge the market leader, Safaricom, in that geography. According to some reports, Airtel plans to buy the

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