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Bharti Airtel to sell part of stake in landline, enterprise businesses to reduce debt

If reports are to be believed, India’s largest mobile phone company in terms of subscriber base and revenue, Bharti Airtel is all set to sell stakes in its landline and enterprise business, in a bid to ease its mounting debt burden of Rs 63,839 crore. As reported by Economic Times, the company is looking at an enterprise valuation of about Rs 17,000 crore for its fixed line unit and about… Read More

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