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BY EURIDICE NZIOKA,NAIROBI,11TH DEC 2017-Mobile phone services provider Airtel may be on its way out of Kenya and indeed east Africa region.
Analysts say the company will be taking advantage of other infrastructure such as tower to maximize it profits in areas currently untapped. Before exit it will explore existing opportunities to either merge or purchase.
In west Africa the firm is doing well as it stands at position three commanding a 25 percent market share.Once it firmly lands in Nigeria it could take up other existing similar companies share cementing its Authority.
In the third quarter of the year the company owned by Sunil mitaal reported a profit of 48 million dollars in Africa compared with a loss of 91 million dollars the previous year. The move enabled by growth in data customers as well as consumption cambered with prudent cost maximization.