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Wireless

NTT Docomo exits Bangladesh operator in sale to Bharti Airtel

Wednesday 10 June 2020 | 07:36 CET | News
Bharti International (Singapore), a subsidiary of Indian operator Bharti Airtel, has acquired an additional 6.3 percent stake in Bangladeshi mobile operator Robi Axiata from NTT Docomo and its group entities. Bharti International (Singapore) thus increases its stake in Robi Axiata from 25 percent to 31.3 percent. Bharti Airtel reports that the acquisition of the ordinary shares of Robi from Docomo "is done at mutually agreed valuation". No financial details related to the transaction have been disclosed.  

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Categories: Mobile & Wireless
Companies: Axiata / Bharti Airtel / NTT DoCoMo / Robi Axiata
Countries: Asia / Bangladesh
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