Econet Wireless

Bharti Airtel to appeal against Nigerian court's Econet order

Bharti-AirtelNew Delhi, Feb 20 : Telecom service provider Bharti Airtel is not satisfied with the Feb 14 judgment of the Lagos Court of Appeal and will lodge an appeal at the Supreme Court of Nigeria, a company statement said here Thursday.

The ruling of the court means Bharti Airtel will now have to pay up $3 billion to the African telecom operator Econet Wireless. The court has said Econet was a bonafide stakeholder in Airtel Nigeria.

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