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India's top telecoms carrier has no immediate plans for an initial public offering of its telecoms tower unit, Akhil Gupta, deputy group CEO at Bharti Enterprises said.
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Updated : Mar 18, 2018, 02:14 AM IST
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Bharti Airtel, India's top telecoms carrier, has no immediate plans for an initial public offering of its telecoms tower unit, Akhil Gupta, deputy group CEO at Bharti Enterprises said.
Gupta is also the managing director of Bharti Infratel, the telecoms tower unit of Bharti Airtel.
Bharti Infratel, which has more than 30,000 towers, also holds a 42% stake in a joint-venture tower company Indus Towers, which is the world's top telecoms tower company with more than 1,00,000 towers. Gupta said there are no immediate plans to list Indus Towers.
