Bharti Airtel is reportedly eyeing to raise funds worth Rs 12,000-15,000 crore through issue of fresh shares to repay debt and bring down borrowing costs in FY19. The move is a part of the company’s strategy to raise about Rs 30,000 crore in three tranches to meet capital expenditure, bolster cash flows, reduce debt and financing costs.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
