Bharti Airtel’s wholly owned subsidiary -- Nettle Infrastructure Investments has acquired an additional equity stake of around 4.94% in Bharti Infratel on December 02, 2020 for Rs 2,882.32 crore. With this transaction, Bharti Airtel's total direct and indirect stake in its mobile tower arm Infratel has increased to 41.66%. Before the acquisition, Bharti Airtel and Nettle held 23.04% and 13.69% stake, respectively in Infratel.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1854.80 |
| Vodafone Idea | 9.56 |
| Indus Towers | 415.90 |
| Tata Communications | 1513.90 |
| Bharti Hexacom Ltd. | 1556.50 |
| View more.. | |
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