Bharti Airtel Stock Jumps Almost 3% Post New JV, Sale of Tower Assets
Bharti Airtel’s stock or shares have jumped by almost 3% on Thursday morning post the announcement of a new joint venture with Hughes and the sale of tower assets in Tanzania. Bharti Airtel’s subsidiary — Airtel Africa Plc has received $159 million out of $176.1 million from the sale of tower assets in Tanzania. The remaining amount will be received once the remaining towers are transferred to the purchaser. Then,... Read More