(Corrects IPO timeline in 2nd and 3rd paragraph to Dec from
NEW DELHI/MUMBAI Nov 29 Indian telecoms
operator Bharti Airtel's tower arm has received
regulatory approval for a planned $800 million initial public
offering, sources with direct knowledge said, in what will be
the country's biggest IPO in two years.
Bharti Infratel's share sale is scheduled to open on Dec. 10
for anchor investors, and a day later to the public, said three
sources, who declined to be named as the information is not yet
The issue will close on Dec. 14, the sources said. Bharti
Infratel is likely to announce details of the share sale on
Friday, one of the sources said.
A Bharti spokesman declined comment.
(Reporting by Devidutta Tripathy and Sumeet Chatterjee; Editing
by Prateek Chatterjee)