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Billionaire Sunil Mittal’s Bharti Airtel Raising Stake In African Unit Via $2.9 Billion Share Swap

Posted on May 14, 2026
By Forbes
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1 min read

Billionaire Sunil Mittal’s Bharti Airtel Raising Stake In African Unit Via $2.9 Billion Share Swap

Upon completion of the deal, which is subject to shareholder and regulatory approvals, Airtel Africa Mauritius—a unit of billionaire Sunnil Mittal's Bharti Airtel—will increase its stake in Airtel Africa to 79% from 62.7%.