Bharti Telecom plans to raise ₹7,000 cr via bonds; Airtel shares down 2%
The telecom company is looking to raise the fund through shorter-tenor bonds in three tranches and has invited bids from investors on November 18.
The telecom company is looking to raise the fund through shorter-tenor bonds in three tranches and has invited bids from investors on November 18.
Sunil Bharti Mittal-led telecom company on Wednesday paid ₹8,312.4 crore upfront to the telecom department for airwaves acquired in the recently concluded 5G auctions.
Airtel's mobile average revenue per user increased to ₹178 in Q4’22 vs ₹145 in Q4’21, which led to mobile revenue growth of 25.1% YoY.