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Bharti Airtel looks at SAARC region for buyouts
Press Trust of India / New Delhi Dec 16, 2009, 11:54 IST

Bharti Airtel today said it is looking at acquisitions in the South Asian Association for Regional Cooperation (SAARC) region, especially in Bangladesh.

"We have always said that we are interested in the SAARC region... We have been interested in Bangladesh and the SAARC region," Bharti Enterprises Deputy Group CEO and MD Akhil Gupta told reporters here.

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The eight-member SAARC region includes Bangladesh, Bhutan, Maldives, Nepal, Pakistan, India, Sri Lanka and Afghanistan.

Gupta also hoped that the 3G auction would take place on time.

The much-awaited 3G spectrum auction is scheduled to begin on January 14.

Shares of Bharti Airtel were trading at Rs 322, up 1.64 per cent on the BSE.

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