Telecom operator Bharti Airtel Ltd said on Friday it agreed to buy Vodafone Group Plc’s 4.7% stake in India’s largest cell tower firm Indus Towers Ltd. Britain’s Vodafone said earlier this week it was looking to sell its entire 28.1% stake in Indus Towers. Airtel said it has agreed with Vodafone to buy 4.7% equity interest in Indus Towers on the principal […]
Tag: Airtel
Bharti Airtel, TCS partner for 5G-based remote robotic operations
Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to sources. Both the companies are currently running the trials in Airtel’s 5G lab at Manesar, Haryana “Indian companies are looking to adopt indigenously developed technology for 5G. Airtel and TCS have joined hands for remote robotics operations using […]
Bharti Airtel shares rise 5% on quarterly revision of weightage in MSCI index
By Administrator_India Capital Sands The share price of Bharti Airtel rose 5 percent in the morning trade on January 15, a day after MSCI Global Standard Indexes said it will raise the weightage of the telecom operator in the February 2021 quarterly review. National Securities Depository Limited (NSDL, on January 12 had updated the foreign investment limit […]
Carlyle to buy 25% of Bharti Airtel’s data centre arm for $235 million
By Administrator_India Capital Sands Carlyle will buy a 25% stake in Indian telecom firm Bharti Airtel Ltd’s data centre arm for $235 million, the U.S. private equity group said on Wednesday, as it taps into the rapid growth of digital services in India. The acquisition, by an affiliate of Carlyle, will give Airtel’s Nxtra Data […]