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Bharti Airtel Limited To Consider Initial Public Offering Of Telecom Tower Unit Bharti Infratel-Business Standard


Wednesday, 8 Aug 2012 03:00pm EDT 

Business Standard reported that Bharti Airtel Limited was considering an initial public offering for its telecom tower unit Bharti Infratel. It added the timing of the offering would depend on market conditions. It has appointed a committee of the board of directors to consider the proposal, through which it plans to sell up to 10% stake in Bharti Infratel, which has about 33,000 operational towers.