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Bharti Airtel transfers additional 16.76% stake held in Infratel to Nettle Infra

20 Mar 2019 Evaluate

Bharti Airtel has transferred additional 16.76% stake worth Rs 10,000 crore, it holds in telecom tower arm Bharti Infratel to Nettle Infrastructure Investments in two tranches. The company has transferred 8.65% stake in Bharti Infratel on March 18 and another 8.11% on March 19 to Nettle Infrastructure.

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


Peers
Company Name CMP
Bharti Airtel 1828.75
Vodafone Idea 14.37
Indus Towers 384.80
Tata Communications 1691.55
Railtel Corp. India 267.35
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