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Airtel to get out of infra game, focus on connectivity: Sunil Bharti Mittal

A listing, if it does happen, would only be of a minority stake, said Mittal

Reuters  |  Barcelona 

Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity. Airtel, the world's No.3 mobile operator by subscribers, also wants to float a minority stake in its African operations and sees the London Stock Exchange as a potentially attractive venue. Mittal, briefing reporters at the Mobile World Congress in Barcelona on Wednesday, backed the lead set by telcos in the United States, now being followed in Europe, for specialists to roll up and run ...

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First Published: Wed, February 28 2018. 23:39 IST