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Bharti Airtel raises stake in Qualcomm's India venture

India's largest telecom company raises its stake to 51 percent in Qualcomm Inc.

May 07, 2019 / 11:44 AM IST
 
 
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Bharti Airtel, India's largest telecommunications carrier, has raised its stake to 51 percent in a wireless broadband venture founded by Qualcomm Inc , the Indian company said on Thursday.


Also Read: Mukesh Ambani bets on 4G broadband, but risks abound


Bharti Airtel, which last year agreed to buy a 49 percent stake in Qualcomm's India 4G broadband venture, did not say how much it paid for the additional 2 percent stake.

Bharti Airtel said the four separate entities that are part of the broadband venture have become its subsidiaries after the stake increase.

first published: Jul 4, 2013 12:42 pm

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