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Bharti Airtel plans to sell controlling stake in Bharti Infratel: Report

06 Jul 2017 Evaluate

Bharti Airtel is reportedly planning to sell controlling stake in tower arm Bharti Infratel to pare over $14 billion of debt and release funds for network expansion. The stake sale in India’s second-largest telecom tower company is key to strengthening Airtel’s balance sheet in the midst of a price war that’s eroded profit.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa. The company ranks amongst the top 3 mobile service providers globally in terms of subscribers.

Bharti Airtel Share Price

1921.10 -9.40 (-0.49%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1921.10
Vodafone Idea 14.20
Indus Towers 406.00
Tata Communications 1856.05
Bharti Hexacom 1606.25
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