Airtel sells 10.3% stake in tower unit to raise â¹6,100 crore
Bharti Airtel on Tuesday said that it has sold 10.3% stake in its tower company Bharti Infratel to a consortium of funds to raise over â¹6,190 crore. The consortium of funds includes private equity firm KKR and Canada Pension Plan Investments Board. âBharti Airtel will primarily use the proceeds from this sale to reduce its debt,â the company said.