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Bharti Airtel to sell 55 million equity shares of Bharti Infratel

26 Feb 2015 Evaluate

Bharti Airtel, a leading global telecommunications company, has decided to sell up to 55 million equity shares (with an upsize option of up to 17.5 million additional equity shares) of its subsidiary company Bharti Infratel on February 26, 2015 through stock exchanges. The transaction is subject to market conditions.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.

Peers
Company Name CMP
Bharti Airtel 1768.45
Vodafone Idea 13.48
Indus Towers 372.00
Tata Communications 1656.05
Railtel Corp. India 262.70
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