Bharti Airtel to give Tanzania bigger stake in Airtel Tanzania

Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government, raising the East African nation’s holding in the mobile phone operator to 49% from 40%, the president’s office said on Friday. The announcement followed talks in Dar es Salaam between President John Magufuli and Bharti Airtel chairman Sunil Mittal to resolve a dispute over ownership of the Tanzanian mobile operator.