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

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.

March 12, 2019 / 12:14 IST
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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.

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

Reuters
first published: Mar 12, 2019 09:35 am

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