Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 crore to institutional investors
The sale proceeds will be fully utilised to repay debt at Bharti Telecom and will make the promoter holding company a 'debt free company', it said.
May 26, 2020, 17:57 PM IST
Singtel's play in Airtel a confidence vote; telecom at a trough: Fitch
Yesterday, Singtel announced that it will invest Rs 2,649 cr in Bharti Telecom to raise its stake in the holding company of Bharti Airtel to 48.9%.
Feb 06, 2018, 21:52 PM IST
Bharti Telecom to stake in Bharti Airtel to 50.1%
With this transaction, Bharti Telecom stake in the company will increase 50.1 per cent in Bharti Airtel from 45.48 per cent and ICIL stake will come down to 2.03 per cent.
Oct 30, 2017, 17:03 PM IST
