Bharti Airtel, a leading global telecommunications company has acquired additional 2% stake in Qualcomm BWA entities. Following this acquisition, all four Qualcomm AP’s entities now become subsidiaries of the company.
Earlier in May 2012, Bharti Airtel and Qualcomm had announced an agreement under which Bharti had acquired 49% interest in Qualcomm AP’s India entities that hold BWA licenses in Delhi, Mumbai, Haryana and Kerala.
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.
