Airtel Africa to acquire Warid Congo

06 November 2013 | Kavit Majithia

Airtel Africa has said it has entered into an agreement with Warid Group to fully acquire Warid Congo.

The agreement is reportedly subject to regulatory and statutory approvals, and will make this the second in-country acquisition by the company in Africa, after acquiring Warid’s Uganda operations earlier this year.

The acquisition will make Airtel the largest operator in the Republic of Congo, with around 2.6 million customers. It presently operates as the second-largest operator in the country, with 1.6 million customers.