Bharti Airtel is in talks to buy UK-based Vodafone Group’s 21.05% stake in Indus Towers, which could potentially give India’s second ranked telco a controlling interest, said two people aware of the matter...
Bharti Airtel’s merger deal with Dialog Axiata in Sri Lanka gets regulatory approval
Bharti Airtel’s definitive agreement to merge its Sri Lanka unit into market leader Dialog Axiata through an all-stock deal has received approval from the Telecommunications Regulatory Commission of Sri Lanka (TRCSL)...
SingTel sells 0.8% stake in India’s Bharti Airtel for $711 mln
Singapore Telecommunications on Thursday said it has sold a 0.8% stake in India’s Bharti Airtel for S$950 million (nearly $711 million) to U.S. investment firm GQG Partners. The deal is the latest of Southeast...
Bharti Airtel Services to acquire 97.1% stake in Beetel Teletech
Bharti Airtel Services, a wholly-owned subsidiary of Bharti Airtel, has entered into an agreement for the acquisition of 49.45 lakh shares or 97.1 per cent stake in Beetel Teletech, another Bharti Group company...
Airtel promoter co BTL increases stake in telco to 39.59% via Rs 8,301.73 cr block deal
Bharti Telecom Ltd (BTL), the key promoter company of Bharti Airtel, has boosted its holding in the Sunil Mittal-led telco to 39.59% by acquiring an additional 1.35% stake from another promoter group entity, Indian...
Airtel unit Nxtra buys stakes in green energy projects
Bharti Airtel Monday said that it has signed definitive agreements to acquire stakes in the renewable energy project companies Continuum MP WindFarm Development Pvt. Ltd. and Egan Solar Power Pvt. Ltd, established by...
Bharti Airtel buys 20.6% stake in Lavelle Networks, total stake will reach 45.6%
India’s leading telecom firm, Bharti Airtel has acquired additional 20.6% stake in the SD-WAN startup, Lavelle Networks. With this, Bharti Airtel’s total ownership will increase to 45.6% in the SD-WAN...
Airtel Lanka to merge with Dialog Axiata in Sri Lanka
Bharti Airtel has signed a binding agreement to merge its Sri Lankan unit into market leader Dialog Axiata through a stock deal which will create a stronger number one in the country. In a joint statement on Tuesday...
Bharti Airtel acquires 23 per cent stake in Indus Towers held by subsidiary Nettle Infrastructure
Telecom operator Bharti Airtel has increased its direct stake in Indus Towers by acquiring 23.01 per cent shares held by its completely owned subsidiary Nettle Infrastructure, a regulatory filing said on Saturday...
Bharti Airtel completes amalgamation of Nettle Infrastructure, Telesonic Networks
Bharti Airtel said it has completed the merger of wholly owned subsidiaries Nettle Infrastructure Investments Limited (Nettle), Telesonic Networks Limited (Telesonic). The amalgamation is effective February 1 and was...
Airtel won’t oppose Vodafone’s bid to sell Indus stake to external buyer
Bharti Airtel, the largest shareholder of Indus Towers, will waive its right of first refusal if UK’s Vodafone Group finds an external buyer for its 21.05% stake in India’s top telecom tower company, two...
Airtel acquires strategic stake in Lemnisk
Bharti Airtel has acquired a strategic stake in Lemnisk (Immensitas Private Limited) under its StartUp Accelerator Program. Through this acquisition, the telco will work towards creating a customer data platform (CDP)...