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
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
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
Have a breaking news, inside story, scoop?
Write to us, your anonymity is our priority at news [at] telecomtalk.info
Want to be featured on TelecomTalk?
Send us your articles, stories, suggestions, feedback at news [at] telecomtalk.info
The first two words of the headline is a joke in itself. Let's Talk. When do you allow anyone to…
If customer needs 1 GB per day extra for 28 days.. They would rather recharge extra data plan. How will…
Not for long.. This Desi 4G is already failing. Losses are increasing since decades. Customers and network both is 1/4th…
Good news from USA in telecom service in rural areas.
Poland is much ahead compare to lndia in 5g network and FTTH broadband services. 10 gbps broadband connections at very…
