The proposed deal to further strengthen Airtel’s global capacity footprint and will help serve customers with superior services
New Delhi / Cairo, December 20, 2016: Bharti Airtel (“Airtel”) today announced that its subsidiary
Network i2i Ltd. has entered into a definitive agreement with Orascom Telecom Media and Technology Holding S.A.E
(“Orascom”) to acquire Orascom’s entire equity stake in Middle East North Africa Company Submarine Cable Systems
S.A.E (“MENA-SCS”). The acquisition is subject to requisite regulatory approvals.
MENA-SCS is a 100% subsidiary of Orascom. MENA - SCS owns and operates a submarine cable network between India and
Europe covering Middle East, with options to extend the network to Africa. It is a state-of-the-art submarine optic
network capable of carrying Multi Tera bits per second of data speeds. MENA cable is live and operational connecting
Mumbai - Oman - Saudi Arabia - Egypt and Italy. It further has the branching options to connect to other countries
in Europe, Africa and Middle East via branching options to Cyprus, Greece, Djibouti, Yemen, Iran, Lebanon, Libya and
Sudan.
The proposed acquisition of MENA-SCS is aimed at further strengthening Airtel’s global network that currently runs
across 225,000 Rkms, covering 50 countries and 5 continents. The additional capacity will enable Airtel to serve the
growing demand for data services and enterprise services across its footprint of 18 countries across South Asia and
Africa.
Ajay Chitkara, Director and CEO - Global Voice & Data Business, Bharti Airtel, said “The
proposed acquisition underlines our commitment to provide world-class service experience to the customers. MENA-SCS
will be a good addition to our global network portfolio and provide us with a high quality and diversified new route
to Western Europe and the rest of the world."
“With the explosion of data usage in emerging markets, including India and Africa, this asset will provide us a
scalable and diverse high capacity highway to serve our customers. In particular, it will provide impetus to India’s
emergence as a major regional internet hub serving customers across SAARC region, with seamless global
connectivity.”
Currently, Airtel’s global network portfolio includes ownership of i2i submarine cable system connecting Chennai to
Singapore, consortium ownership of SMW4 submarine cable system connecting Chennai and Mumbai to Singapore and
Europe, and new cable system investments like Asia America Gateway (AAG), India Middle East & Western Europe
(IMEWE), Unity, EIG (Europe India Gateway) and East Africa Submarine System (EASS). It also has terrestrial express
connectivity to neighboring countries including Nepal, Pakistan, Bhutan, Bangladesh and China.
About Bharti Airtel
Bharti Airtel Limited is a leading global telecommunications company with operations in 18 countries across Asia and
Africa. Headquartered in New Delhi, India, the company ranks amongst the top 3 mobile service providers globally in
terms of subscribers. In India, the company's product offerings include 2G, 3G and 4G wireless services, mobile
commerce, fixed line services, high speed DSL broadband, DTH, enterprise services including national &
international long distance services to carriers. In the rest of the geographies, it offers 2G, 3G and 4G wireless
services and mobile commerce. Bharti Airtel had over 365 million customers across its operations at the end of
October 2016. To know more please visit, www.airtel.com