Telecom News

5 percent stake has been bought by Qatar Foundation from Bharti Airtel

Srinivas · May 7, 2013 · ⏱ 1 min read ·

Qatar Foundation wants to buy out the fresh stake in their joint merge up with Bharti Airtel one of the largest private owned Indian telco company has a 5 percent share in this venture which worth around $1.26 billion.

Due to such high end investments company will get more flexible in terms of growth & also make a strong capital based infrastructure.

Qatar Foundation Endowment (QFE) being an investor will acquire the Bharti Airtel’s share at a new rate of 340 rupees ($6.2) per share i.e. 199.8 million.

316 rupees is the closing price for the 7.5 percent premium raised to Bharti Airtel.Again this new investment has literally help the company to tackle such less profitable situation due to high cost of interests & such intensified competition across country.

#5 percent stake has been bought by Qatar Foundation from Bharti Airtel #Airtel #bharti airtel #telecom

Rate this article

Be the first to rate!

Written by Srinivas

Telecommunications professional with over 18 years of industry experience specializing in mobile network operations, telecom performance analytics, and emerging wireless technologies. Experienced in analyzing network KPIs, troubleshooting service quality issues, and interpreting telecom infrastructure trends across 4G and 5G ecosystems. Passionate about simplifying complex telecom technologies for readers, the author provides practical insights into network performance, telecom innovations, spectrum developments, and the evolving digital connectivity landscape.

All articles Our team →