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Airtel to hive off 10 percent in tower arm : Reports
Monday, October 08, 2007 in.reuters.com
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M & A
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Bharti Airtel Ltd, India's top mobile services firm, is curently holding talks to hive off a 10% stake in its mobile telecoms tower company for about $1.1 billion. According to the Economic Times, Bharti is neogtiating with Singapore's state-owned Temasek Holdings and Warburg Pincus to sell a stake in Bharti Infratel.
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Bharti-Infratel
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