November 29th, 2023 12:42 PM 5 COMMENTS

Bharti Telecom Looking to Raise 80 Billion Rupees

Bharti Telecom, a company engaged in the telecom sector across the globe via its entity Bharti Airtel, is looking to raise up to 80 billion rupees or USD $961 million. The company is looking to raise the money via local-currency bonds. If successful, this would be the largest local-currency bond issue by Bharti Telecom. Bharti Telecom is likely to seek bids this week. The notes will be due in two,... Read More

October 19th, 2021 9:31 AM 1 COMMENTS

Bharti Telecom Looking to Raise Rs 1400 Crore for Airtel Rights Issue

Bharti Telecom (BTL) is looking to raise up to Rs 1400 crore through corporate bonds in the local money markets for participating in Airtel’s rights issue. For the unaware, Bharti Telecom is a holding company of the telco’s promoters. Airtel had a few months back received approval from its board for going ahead with the rights issue of Rs 21,000 crore. To help keep the investors safe, the telco had... Read More

August 19th, 2016 4:16 PM 5 COMMENTS

Midst of rising 4G competition, Singtel increases its stake in Bharti Telecom

The Singaporean telecommunications company Singtel has announced its plan to buy an additional 7.39% stake in Bharti Telecom Ltd for a cost of $659.5 million. This will raise Singtel’s holding in Bharti Telecom up to 46.39%. Mittal’s family holds the 51% stake in the company. Singtel acquires this 7.39% stake from Singapore-based investment company Temasek owned by the Government of Singapore. The investment comes ahead of Reliance’s Jio’s launch in... Read More

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Jobins :

Vi should decrease the tariff somewhere near to Jio's. So it can grab users from Airtel and Jio.

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Vi just showing their greedy face more than ARPUtel these days. With minimum spectrum and network, they want to take…

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