The loss-making African operation of Bharti Airtel is expected to dent near-term earnings of India's biggest mobile operator.
Bharti Airtel said it had tied up the entire financing requirement of $8,3-billion for its planned buy of Kuwaiti telecom Zain's African assets.
Indian telecoms tycoon Sunil Bharti Mittal may be known for his Midas touch, but investors are questioning his bid to gain a foothold in Africa.
Bharti Airtel said $9-billion was not a high price for Kuwaiti telecom Zain's African assets given the growth opportunities.
Bharti Airtel has offered up to $10,7-billion for the African assets of Kuwaiti telecom group Zain, newspapers reported on Saturday.
Associate Professor James O Chibueze and Dr SP van den Heever are part of an international team of astronomers studying the G358-MM1 high-mass protostar.