Bharti Airtel ups stake in telecom tower unit as PE firm makes an exit

Premium

Bharti Airtel Ltd, India’s second-largest mobile phone operator by subscribers, has raised its stake in its telecom tower infrastructure arm for Rs 2,882.32 crore (about $391 million). Airtel subsidiary Nettle Infrastructure Investments Ltd acquired an additional 4.94% stake in Bharti Infratel Ltd from institutional investors on the open market at Rs ......