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Bharti Telecom acquires 3.20% stake in Bharti Airtel

28 Sep 2022 Evaluate

Bharti Telecom (BTL) has acquired around 190.02 Mn shares i.e. 3.20% of Bharti Airtel from the affiliates of Singtel. Post the above transaction, BTL holds 38.62% equity stake in Bharti Airtel. Earlier, Singtel and its affiliates had entered into an agreement to transfer stake to BTL.

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

Peers
Company Name CMP
Bharti Airtel 1811.90
Vodafone Idea 14.33
Indus Towers 380.30
Tata Communications 1690.65
Railtel Corp. India 262.55
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