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Bharti Airtel plans to reduce stake in Bharti Infratel

12 Mar 2019 Evaluate

Bharti Airtel is planning to reduce its direct stake in Bharti Infratel by over 50%. The company’s unit -- Nettle Infrastructure Investments will be purchasing up to 32% share in Bharti Infratel by March 18, 2019. Post the transfer, the company will be having 18.3% stake in Infratel as against current shareholding of 50.33%.

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

Peers
Company Name CMP
Bharti Airtel 1826.80
Vodafone Idea 14.36
Indus Towers 385.85
Tata Communications 1692.00
Railtel Corp. India 267.80
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