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Bharti Airtel to sell non-controlling stake in Infratel

Bharti Airtel to sell non-controlling stake in Infratel

Thursday, March 16, 2017, 10:01 AM

Telecom operator Bharti Airtel has shelved plans to sell a controlling stake in its mobile tower arm Bharti Infratel but has decided to monetise 21.63% equity in the company. "The Board has at its meeting held on March 14, 2017, decided not to monetise a controlling stake in Infratel for now," Bharti Airtel said in a regulatory statement.
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