India, Nov. 4 -- Bharti Airtel has announced that its board has approved the purchase of an additional 5% stake in Indus Towers, its telecom infrastructure arm. As of September 30, Airtel already holds a 51.03% share in the company.
In its regulatory filing, Airtel clarified that the proposed acquisition will not be classified as a related-party transaction.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....