Bharti Airtel tower unit may launch IPO this year
Telecoms carrier Bharti Airtel's tower unit could launch its planned initial public offering in 2012, subject to clearance from market regulators, a senior group executive said.
October 11, 2012 / 16:34 IST
Telecoms carrier Bharti Airtel's tower unit could launch its planned initial public offering in 2012, subject to clearance from market regulators, a senior group executive said.
Also read: Bharti Airtel, Vodafone, Idea report user base fall in AugustEGoM rule to weigh on telcos; see stocks trading, says JM Financial "We are ready to go...," said Akhil Gupta, deputy group chief executive of Bharti Enterprises, the telecom carrier's parent company.According to sources, Bharti Airtel's mobile phone tower unit has filed for an IPO in September which could raise nearly USD 1 billion in the country's biggest IPO in more than two years. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
