Zain to pay Airtel ₹860 cr over Africa biz sale settlement
Zain, Kuwait's top telecom operator by subscribers, on Thursday said it will pay $129 million (₹860 crore) to Bharti Airtel over a settlement regarding​ the sale of Zain's Africa operations to the Indian firm. However, Zain did not disclose the exact nature of the settlement. Airtel had bought Zain’s telecom assets in 15 African countries for $9 billion in 2010. 