Sale of a significant stake in its tower assets would help in further debt reduction, said Moody's.
19 Jul 2019 5:04 PM
It will now approach National Company Law Tribunal for its approval, the company said.
25 Jul 2018 3:18 PM
Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger.
02 Jul 2018 2:30 PM
To have world’s 2nd largest number of mobile towers.
26 Apr 2018 2:25 AM
The combined company, which will lag only China Tower, will remain listed on Indian bourses.
25 Apr 2018 2:08 PM
The company's net profit for the January-March period of the previous 2016-17 fiscal stood at Rs 597 crore.
23 Apr 2018 7:29 PM
Bharti Airtel, India's largest telecom operator, will primarily use proceeds from this sale to pare its debt.
14 Nov 2017 12:53 PM
Bharti Infratel and Vodafone India hold 42 per cent stake in Indus Towers and rest is held by Idea Cellular.
31 Oct 2017 8:52 AM
Profit after tax fell to Rs 6.38 billion ($98.40 million) in the quarter ended September 30, from Rs 7.74 billion in 2016.
30 Oct 2017 8:27 PM
Moody's Investors Service rated 3.65 per cent stake sale in Bharti Infratel as credit positive for Airtel.
11 Aug 2017 11:30 AM
Bharti Airtel will primarily use the proceeds from this sale to reduce its debt
08 Aug 2017 1:20 PM
Bharti Airtel's consolidated net debt at the end of June 2017 was Rs 87,840 crore.
08 Aug 2017 9:55 AM
The company completed sale of11.32 per cent stake in its mobile tower arm.
29 Mar 2017 11:33 AM
KKR-backed consortium buys stake for Rs 6,139.9 crore.
29 Mar 2017 3:38 AM
Bharti's stake in Infratel will stand at 61.7 percent, while KKR and Canada Pension will own 10.3 percent.
28 Mar 2017 10:52 AM
The company had planned to stell stake in Bharti Infratel but decided to monetise 21.63 per cent equity.
16 Mar 2017 11:30 AM