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With the latest transaction, Bharti Telecom's direct stake in Bharti Airtel will reach 39.7 per cent from the 38.35 per cent stake it held before the current transaction
Bharti Telecom, co-owned by Mittal family and Singtel, boosts stake in Bharti Airtel to 39.7 per cent with a Rs 8,301 crore investment., , airtel, bharti airtel, telecom
After last year’s transaction, Singtel Group owned an effective stake of 29.7 per cent, comprising a 19.2 per cent indirect stake through Bharti Telecom and a 10.5 per cent direct stake.
JPMorgan analysts think that Bharti Airtel is one of the major winners from the consolidation of the Indian telecom sector
Bharti Telecom Ltd (BTL), a promoter entity of Bharti Airtel, has acquired around 3.2 per cent of this stake