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Wireless

Airtel shareholders commit to take up rights issue

Thursday 7 March 2019 | 09:57 CET | News
Singtel and Airtel's major shareholders Bharti Group and Bharti Telecom intend to subscribe to their full entitlement, except for a renunciation by Bharti Telecom in favour of GIC Singapore, which will commit INR 50 billion (USD 700 million). Together with Airtel's major shareholders and GIC, a total of 67 percent of the rights issue has been committed.

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Categories: Mobile & Wireless
Companies: Bharti Airtel / SingTel
Countries: India / Singapore
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