MoneyWorks4Me

Bharti Telecom increases stake in Bharti Airtel

29 Mar 2014 Evaluate

Bharti Airtel’s promoter group entity- Bharti Telecom has purchased 57.14 lakh shares of the company for Rs 171.92 crore via various market transactions. Bharti Telecom stake in the company has been increased to 43.72 per cent.

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.

Peers
Company Name CMP
Bharti Airtel 1872.75
Vodafone Idea 12.34
Indus Towers 380.40
Tata Communications 1718.55
Railtel Corp. India 250.05
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