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Bharti Airtel’s arm to get $200 million from QIA

30 Jan 2019 Evaluate

Qatar Investment Authority (QIA) has agreed to invest $200 million through a primary equity issuance in Airtel Africa, a subsidiary of Bharti Airtel. The proceeds will be used to further reduce Airtel Africa's existing net debt.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1741.00
Vodafone Idea 12.65
Indus Towers 376.00
Tata Communications 1685.50
Railtel Corp. India 257.20
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