Bharti Hexacom cleared for IPO fundraising by SEBI
India, March 21 -- In a move that could have significant implications for India's telecommunications infrastructure landscape, the Securities and Exchange Board of India (SEBI) has granted its approval to Bharti Airtel's wholly-owned subsidiary, Bharti Hexacom, to raise funds through an Initial Public Offering (IPO).
This development marks a potential turning point for the telecom sector, potentially paving the way for increased investment and development of critical infrastructure.
Bharti Hexacom, established in 1995, is a leading telecommunications service provider with a strong presence in Rajasthan and the North Eastern regions of India. The company offers mobile telephony services, along with fixed-line and broadband services in Ra...
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