Bharti Airtel Buys 70% Stake In Warid Telecom To Invest $300 mn
Bharti Airtel Ltd, India’s largest telecom operator by subscriber numbers, has acquired a 70 per cent stake in Bangladesh’s Warid Telecom, a wholly owned subsidiary of the Abu Dhabi’s Dhabi Group. Under the agreement, Bharti Airtel will make a fresh investment of $300 million to expand Warid Telecom’s operations, while it will get management and board control of the company.This will be Bharti Airtel’s second operation outside of India. The... Read More
