A 2% increase of shareholdings was done by Bharti Airtel in the venture established with Qualcomm Inc.
Tags: Bharti Airtel
Bharti Airtel and Idea Cellular is Predicted to Face Challenge in 2016
Two of India's largest telecom operators Bharti Airtel and Idea Cellular have an increase revenue market share in 2015. However, Morgan Stanley predicted the companies will face substantial challenge in 2016.
Singtel buying U.S. cyber security firm Trustwave for $810 million
Singapore Telecommunications, Southeast Asia's largest telecommunications operator by revenue, is buying U.S.-based cyber-security firm Trustwave for $810 million, marking its biggest acquisition outside the main telecoms sector.
India's Airtel raises EUR750 million in bond issue
India-based mobile operator Bharti Airtel has raised EUR750 million in a bond issue that received bids worth EUR3.8 billion. The bond issue aimed to refinance the company's existing debt.
Bharti Airtel and Airtel Broadband set to merge
Bharti Airtel and Airtel Broadband had announced the approval of the merger plan between the two Indian telecommunications firms.
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Bharti Airtel increased its current stake in Qualcomm Inc from the previous 49% to 51% announced last Thursday.
Bharti Airtel shareholders approved the sale of 5% equity worth US$1.2 billion to Qatar Foundation Endowment.
Qatar's investment firm Qatar Foundation Endowment purchases five percent shareholdings in Bharti Airtel.
The Ugandan mobile telecommunications market grew smaller when Bharti Airtel, the second largest, acquired the third largest, Warid Telecom Uganda.
Indian group Bharti Airtel's mobile phone tower unit has filed for an initial public offering. Indian group Bharti Airtel's mobile phone tower unit has filed for an initial public offering which sources said on Friday could raise nearly $1 billion in the country's biggest IPO in more than two years.
India's Bharti Airtel (BRTI.BO) said on Sunday it would roll out 3G services in Rwanda in the next quarter and reiterated plans to invest $100 million in the central African country.
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