Business Videos

Bharti Infratel IPO

Nov 30 2012 00:00 IST
Bharti Infratel Ltd, the telecommunications tower unit of India's top phone carrier Bharti Airtel Ltd (BRTI.NS), is set to raise nearly Rs. 4,500 crore next month in what would be the country's biggest initial share offering in two years. Speaking to reporters, joint managing director of Bharti enterprises, Akhil Gupta said that the Supreme Court order of cancellation of 122 telecom licences held by eight operators, because of alleged irregularities should be seen in a positive light as it would give more chances to other players.