Zain To Pay Bharti Airtel $129 Million In Africa Business Sale Settlement

Dubai: Zain, Kuwait's No.1 telecom operator by subscribers, on Thursday said it will pay $129 million to Bharti Airtel over a settlement related to the sale of Zain's Africa operations to the Indian firm in 2010.  The payment will have no future financial impact on Zain as it set aside provisions to cover potential payments related to the transaction at the time of the sale, a spokesman for Zain, which operates in eight countries in...