Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
1989.35
0.00 (0.00%)
< Home < Back

Bharti Airtel’s Singapore arm to acquire remaining 30% stake in Airtel Bangladesh

Date: 02-05-2013

Bharti Airtel’s - wholly owned subsidiary - Bharti Airtel Holdings (Singapore) and Warid Group have reached an agreement, wherein, Bharti Airtel Holdings will acquire 30% equity stake of Warid in Airtel Bangladesh. With this, Bharti Airtel Holdings will own 100% of Airtel Bangladesh. Bharti Airtel Holdings had acquired 70% stake in Warid Telecom, Bangladesh in January 2010.

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.