Airtel sells 8,300 mobile towers in Africa for $1.7 billion
NEW DELHI: Telecom major Bharti AirtelBSE -0.55 % today said it has completed the sale of about 8,300 mobile towers in Africa for USD 1.7 billion (about Rs 11,000 crore), which will be used for reducing debt."As on date we have completed the sale transactions in seven countries for approximately 8,300 towers representing close to 60 per cent of the total tower base," Airtel said in a statement.
Bharti Airtel has around 14,000 mobile towers in Africa and has decided to exit ..
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.