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Last Updated : Mar 12, 2019 12:14 PM IST | Source: Reuters

Bharti Airtel to cut direct stake in Infratel by more than half to 18.3%

Airtel's unit, Nettle Infrastructure Investments Ltd, will buy a 32 percent stake in Bharti Infratel, the telecom tower company said.

 
 
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Bharti Infratel Ltd said on Tuesday mobile carrier Bharti Airtel Ltd will slash its stake in the telecom tower company by more than half to 18.3 percent.

Airtel's unit, Nettle Infrastructure Investments Ltd, will buy a 32 percent stake in Bharti Infratel, the telecom tower company said.

Read: DoT may ask Bharti Airtel, TTSL to pay around Rs 15k crore to approve merger: Report

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First Published on Mar 12, 2019 09:35 am
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