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Bharti Airtel acquires 4.7% stake in Indus Towers

29 Mar 2022 Evaluate

Bharti Airtel alongwith its wholly-owned subsidiary, Nettle Infrastructure Investments, has acquired 127,105,179 equity shares (4.7%) of Indus Towers at Rs 187.88 per share from Euro Pacific Securities, an affiliate of Vodafone Group.

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

Peers
Company Name CMP
Bharti Airtel 1800.25
Vodafone Idea 14.09
Indus Towers 377.65
Tata Communications 1669.20
Railtel Corp. India 263.95
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