Bharti Airtel ups stake in telecom tower unit as PE firm makes an exit

By Ankit Doshi

  • 02 Dec 2020
Premium
Credit: Reuters

Bharti Airtel Ltd, India’s second-largest mobile phone operator by subscribers, has raised its stake in its telecom tower infrastructure arm for Rs 2,882.32 crore (about $391 million). Airtel subsidiary Nettle Infrastructure Investments Ltd acquired an additional 4.94% stake in Bharti Infratel Ltd from institutional investors on the open market at Rs ......

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