A man leaves a Bharti Airtel store in New Delhi, India. The telco's net income reached $83 million in the year to March, compared to a net loss of $49 million a year earlier. PHOTO| REUTERS
Airtel Africa Ltd, a subsidiary of Indian telecoms group Bharti Airtel Ltd , is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand its data and mobile money services across Africa.
The company is aiming to raise around $1 billion in a June equity offering, a source close to the deal said.