Bharti Airtel is moving on its deleveraging at a very fast pace. In the past 15 days, there have been three announcements of some sort of a stake sale, which is bringing in money.
NSE
The latest one is Mastercard, which will invest $100 million in the Airtel Africa’s Mobile Commerce (AMC) business. UBS has come up with a report on the company maintaining a ‘buy’ rating.
Watch accompanying video of CNBC-TV18’s Reema Tendulkar for more details.
(Edited by : Bivekananda Biswas)
First Published:Apr 1, 2021 4:03 PM IST