Bharti Infratel

Bharti Infratel shares fall over 10 per cent in debut

Bharti Infratel, backed by billionaire Sunil Mittal, fell as much as 12.7 per cent in its trading debut after raising about $760 million in India's biggest IPO in two years, weighed down by a cautious outlook for mobile tower operators. The IPO, priced near the lower end of an indicative price range, struggled to find interest from retail investors and was supported mostly by foreign institutional investors. But analysts are...  

Bharti Infratel to raise up to $825 million in IPO

Bharti Infratel Ltd, the telecommunications tower unit of top phone carrier Bharti Airtel Ltd, is set to raise up to $825 million next month in what would be the country's biggest initial share offering in two years. ...  

Bharti Infratel to tap markets with biggest IPO in 2 years

Mumbai/New Delhi: Bharti Infratel Ltd, the telecommunications tower arm of India's Bharti Airtel Ltd, is likely to launch its initial public offering to raise up to $900 million (approx Rs 4,993 crore) on December 10, sources said, in what will be the country's biggest IPO in two years. The offer to sell a 10 per cent stake in Bharti Infratel could raise $800 million to $900 million, the sources said,...