Airtel Sell its shares  

by Business | 08-08-2017 | 315 views


Mumbai: On Tuesday, telecom giants Airtel sold 6.7 crore shares of its subsidiary Bharti Infratel for over Rs 2,570 crore. This agreement had commenced so that they would use the amount from the proceedings to reduce its debt. The sale was done for Rs 380.6 per share. Following the sales Bharti Airtel and its wholly owned subsidiaries together have an equity holding of 58 per cent in Bharti Infratel.

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