Singtel dubbed reports of selling stake in Bharti Airtel as ‘market speculation’ on its intention to sell 1-2% of its stake in the Indian telecom major for around $1-2 billion. “We would like to make...
Singtel set to dial Sunil Mittal to sell part stake in Bharti Airtel
Singapore Telecommunications Limited, commonly known as Singtel, has initiated talks with Bharti Airtel chairman Sunil Mittal to sell a small part of its holding in the Indian telco to the Mittal family, said people...
Bharti Airtel buys 7% stake in NaaS startup Cnergee Technologies
Bharti Airtel, India’s second largest telco, has acquired a 7% stake in Cnergee Technologies, a cloud-based networking solutions provider under the Airtel Startup Acceleration Program. The Navi Mumbai-based startup has...
Airtel completes acquisition of 4.7% stake in Indus Towers from Vodafone Group
Bharti Airtel along with its wholly-owned subsidiary has acquired about 4.7 per cent stake in Indus Towers from Euro Pacific Securities, an affiliate of Vodafone Group, a stock exchange filing said on Tuesday. The...
Bharti Airtel to acquire 7% stake in Avaada KNShorapur
Bharti Airtel has entered into an agreement to acquire over 7 per cent stake in Avaada KNShorapur for Rs 1.74 crore as cash consideration, the telecom company said in a regulatory filing on Sunday. Avaada KNShorapur is...
Airtel to acquire Vodafone’s 4.7% stake in Indus Towers for Rs 2,388 cr
Telecom company Bharti Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore, according to a company filing. The transaction will be executed at a price of Rs 187.88 per...
Airtel acquires 9% stake in Avaada Clean for Rs 7.8 crore
Bharti Airtel has acquired around a 9 per cent stake in renewable energy firm Avaada Clean TN Project for about Rs 7.88 crore in an all-cash deal, according to a regulatory filing. Bharti Airtel acquired a stake in...
Airtel shareholders approve Google investment, Rs 1.17 tn biz deals
Bharti Airtel shareholders have approved the issue of preferential shares to Google for its about Rs 7,500 crore investment in the company to buy 1.28 per cent stake. A special resolution to approve Google’s...
Airtel to acquire 4.7% stake in Indus from UK’s Vodafone
Bharti Airtel Friday said it has entered into an agreement to acquire a 4.7% stake in Indus Towers from UK’s Vodafone Group Plc in cash via a block deal. “Bharti Airtel (“Airtel”) has entered into an agreement with...
Vodafone Group in talks with Airtel to sell up to 5% stake in Indus Towers; to infuse proceeds in Vi
Vodafone Group Plc is in talks to sell up to a 5% stake in tower firm Indus Towers to Bharti Airtel, and use the proceeds to plough into Vodafone Idea Ltd, as the self-mandated March deadline for the loss-making Indian...
Bharti Airtel acquires strategic stake in blockchain technology startup Aqilliz
Bharti Airtel on Thursday announced the acquisition of a strategic stake in blockchain technology startup Aqilliz. Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom that integrates...
Airtel Payments Bank partners ICICI Lombard for cyber insurance
Airtel Payments Bank said it has partnered ICICI Lombard General Insurance Company to offer a cyber insurance which can be purchased from the Airtel Thanks app. The partnership comes at a time when the growth in digital...