Following its recent acquisition of Zain's African assets, Bharti Airtel is aiming to increase its subscribers in Africa to 100 million before the end of 2012, from 42 million today, and its annual revenue there to 5 billion US dollars from 3.6 billion now, according to an interview with Sunil Bharti Mittal, chairman of Bharti Airtel, published in the Financial Times.
Mittal is quoted as saying: “The next wave is Africa. Minerals and metals, resources – everybody is investing, China’s rushing in there, now Europe is rushing there. You are going to see a lot of action in Africa. It is to my mind the continent of hope.” source: Financial Times