Airtel Acquires 20% Stake in Bharti Telemedia from Warburg Pincus

The Rise Fund (TPG) Invests $200M in Airtel Africa's Mobile Money Business (AMC BV)

March 18, 2021

Payments & Fintech

The Rise Fund, TPG’s impact investing platform, will invest $200 million for a minority stake in Airtel Mobile Commerce BV (AMC BV), Airtel Africa’s mobile money business, valuing the business at $2.65 billion on a cash- and debt-free basis. Airtel Africa will retain a majority stake; proceeds are earmarked to reduce group debt and invest in network and sales infrastructure, and Airtel aims to explore a potential listing of the mobile money business within four years.

Warburg Pincus and DTCP Acquire Majority Stake in Community Fibre

July 29, 2020

Telecommunications

Funds advised by Warburg Pincus and DTCP have acquired a controlling majority stake in Community Fibre, London’s 100% full‑fibre broadband provider. The new investment will fund an accelerated roll‑out to reach one million London households and businesses, with Olaf Swantee joining as Executive Chairman.

Eutelsat Raises Its Shareholding in OneWeb

October 6, 2021

Telecommunications

Eutelsat Communications exercised a call option on part of the latest OneWeb funding round subscribed by Bharti, paying $165 million. The move increases Eutelsat’s stake from 17.6% to 22.9%, making it OneWeb’s second-largest shareholder behind Bharti, with completion expected around year-end 2021 subject to regulatory approvals.

Apax Partners and Warburg Pincus Acquire T-Mobile Netherlands for €5.1bn

September 7, 2021

Telecommunications

Funds advised by Apax Partners and Warburg Pincus have agreed to acquire T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB in a deal valuing the company at an enterprise value of €5.1 billion. Under the new ownership, T-Mobile Netherlands will become an independent Dutch company and the buyers plan to support management in accelerating network and fibre-to-the-home growth while continuing to expand its consumer and fixed-broadband customer base.

Warburg Pincus Acquires Shriram Housing Finance (now Truhome Finance) with Co-Investors Including QIA

January 15, 2025

Financial Services

Warburg Pincus, alongside co-investors including Qatar Investment Authority (QIA), acquired Shriram Housing Finance Limited from the Shriram Finance Group in December 2024 and the company has rebranded as Truhome Finance. The investment (part of which totaled ₹1,225 crore) strengthens the firm’s capital base (AUM ~INR 16,000 crore) to support scaling of affordable housing finance across India.

MTN Group to Acquire IHS Towers in $6.2 Billion All-Cash Deal

February 5, 2026

Telecommunications

IHS Holding Limited (IHS Towers) entered into a definitive merger agreement to be acquired by MTN Group Limited for approximately $6.2 billion enterprise value in an all-cash transaction. IHS Towers shareholders will receive $8.50 per ordinary share, with the transaction expected to close in 2026 subject to customary regulatory and shareholder approvals.