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Bharti Airtel to pay Tanzania $26 million, cancel debt at unit to settle dispute
June 10, 2019 | By Livemint.com
business
Bharti Airtel also cancelled $407 million of debt owed to it by Airtel Tanzania as part of the settlement.Bharti Airtel Executive Chairman Sunil Bharti Mittal said he hoped would the deal would 'give a fresh start to the company':
DAR ES SALAAM: India's Bharti Airtel has agreed to pay 60 billion shillings ($26 million) over five years and cancel debt to resolve a dispute over ownership of its Airtel Tanzania unit, the Tanzanian government said on Monday. Tanzania's minister for foreig...
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