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Bharti Airtel to Sell 32% Stake in Bharti Infratel

Byron Adonis Mutingwende6 years ago06 mins

Bharti Airtel has decided to sell a further 32% stake in Bharti Infratel, valued at close to Rs 15,500 crore, to create a war chest to bolster its countrywide 4G networks and counter Reliance Jio Infocomm. Separately, the Sunil Mittal-led telco on Thursday also appointed a panel to explore various other fundraising options, and named Badal Bagri as…

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