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Bharti Airtel jumps on entering into definitive agreement with Warid

Bharti Airtel Ltd. | Telecommunication - Service Provider | Telecom | BSE: 532454 | NSE: BHARTIARTL

25 Apr 2013 Evaluate

Bharti Airtel is currently trading at Rs. 302.75, up by 3.30 points or 1.10% from its previous closing of Rs. 299.45 on the BSE.

The scrip opened at Rs. 300.10 and has touched a high and low of Rs. 304.20 and Rs. 298.85 respectively. So far 1, 34,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 370.40 on 25-Jan-2013 and a 52 week low of Rs. 238.50 on 30-Aug-2012.

Last one week high and low of the scrip stood at Rs. 307.60 and Rs. 283.45 respectively. The current market cap of the company is Rs. 1, 14,970 crore.

The promoters holding in the company stood at 68.55% while Institutions and Non-Institutions held 25.83% and 5.62% respectively.

Bharti Airtel (Airtel), a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, has entered into a definitive agreement with the Warid Group (Warid) to fully acquire Warid Telecom Uganda. With this, Airtel will further consolidate its position as the second largest mobile operator in Uganda with a combined customer base of over 7.4 million and market share of over 39%. The agreement is subject to regulatory and statutory approvals.

The agreement aims to bring together the strengths of Airtel and Warid in Uganda and offer benefits to customers in the form of a superior and wider network, affordable voice and data services, and superior customer care. Airtel currently has 4.6 million customers in Uganda. The existing 2.8 million Warid customers in Uganda will join Airtel’s global network that serves over 269 million customers.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers

Bharti Airtel Share Price

1845.05 -1.50 (-0.08%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1845.05
Vodafone Idea	9.48
Indus Towers	405.90
Tata Communications	1515.00
Bharti Hexacom Ltd.	1533.65
View more..

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Bharti Airtel jumps on entering into definitive agreement with Warid

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