Airtel sells stake in Bharti Infratel for â¹3,325 crore
Bharti Airtel on Tuesday said it has offloaded 83 million shares of its tower subsidiary Bharti Infratel for â¹3,325 crore. Airtel said the proceeds from the sale, done via its wholly owned subsidiary Nettle Infrastructure Investments, will be used to reduce debt. Airtel and its wholly owned subsidiaries now together have an equity holding of 53.51% in the tower company.