Bharti Airtel Ltd's Tower Unit May Launch IPO This Year-Business Standard

Thursday, 11 Oct 2012 04:03am EDT 

Business Standard reported that Bharti Airtel Ltd's tower unit could launch its planned Initial Public Offering in 2012, subject to clearance from market regulators, a senior group executive said. According to sources, Bharti Airtel Ltd's mobile phone tower unit has filed for an IPO in September which could raise nearly $1 billion in the IPO in more than two years.