Airtel to hold 25% stake in combined entity
Bharti Airtel announced the completion of the merger of its subsidiary Aitel Bangladesh with Robi Axiata, a unit of Axiata Group Berhad. Post the merger, Axiata will hold 68.7% stake in the combined entity, while Airtel will hold 25%. The remaining 6.3% stake will be held by NTT DoCoMo.The combined entity will be the second largest mobile operator in Bangladesh with approx. 32.2 million customers and will operate under the Robi Axiata brand.
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