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Bharti Airtel Services takes over Beetech for US$79.2 million

Bharti Airtel Services revealed it has purchased majority control of Bharti Group’s telecoms product maker Beetel Teletech for Rs 6.6 billion (US$79.2 million). ....

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Bharti Airtel's wholly-owned subsidiary to acquire 97.1% stake in Beetel Teletech for Rs 669-crore, ET Telecom

“.we wish to inform you that as a part of group restructuring, Bharti Airtel Services Limited, a wholly-owned subsidiary company of Bharti Airtel Limited has entered into an agreement for acquisition of 49,45,239 equity shares representing 97.1% stake in another Bharti Group company, Beetel Teletech Limited,” Airtel said in a regulatory filing Monday. ....

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Bharti Airtel to Acquire 97.1 Percent Stake in Beetel Teletech

Bharti Airtel Services , a wholly-owned subsidiary of Bharti Airtel, has finalized an agreement to acquire a 97.1 percent stake. ....

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Bharti Airtel Services to acquire 97.1% stake in Beetel Teletech

Pegging the cost of acquisition at Rs 669 crore, the filing said this acquisition is a part of the company s strategy to enable indigenisation initiatives within its own ecosystem of telecom products in line with the Government s policy of Make In India and add distribution and service capabilities (including system integration) largely for the enterprise business. ....

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Bharti Airtel Services set to acquire 97.1% stake in Beetel Teletech

Bharti Airtel Services set to acquire 97.1% stake in Beetel Teletech
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