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This Is How Sunil Mittal Can Reduce Bharti Airtel’s Huge Debt Pile
This is how billionaire Sunil Bharti Mittal can lower debt of Bharti Airtel...
25 Jan 2019, 11:11 AM IST
Billionaire Sunil Bharti Mittal plans to infuse funds into India’s No. 2 telecom operator as debt and capital requirement rise amid a bruising tariff war.Mittal is looking at selling fresh shares, listing his profitable Africa business and divesting non-core assets to raise funds. The company hasn’t spelled out the details.A committee is considering the options, Mittal told BloombergQuint on the sidelines of the World Economic Forum ...
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