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Friday, May 17, 2019

Airtel says Rs 25,000 cr rights issue oversubscribed

Funding from the issue and additional $1 billion or Rs 7,000 crore funding from perpetual bonds will be used by the country’s No 2 carrier for expanding its 4G networks to match that of Reliance Jio’s, so as to gain an edge in a highly competitive market.

from industry - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com http://bit.ly/2HoRSG7

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